Home|News|How Chimirec unlocked the full potential of its factoring with ARI Trade, by Fibus Digital
How Chimirec unlocked the full potential of its factoring with ARI Trade, by Fibus Digital
With ARI Trade, the Chimirec Group has reduced the time spent managing its factoring operations from 4 days to 1.5 days per month — representing a total time saving of 30 days per year.
Additional benefits for Chimirec’s CFO include improved working capital, a consolidated view across 15 factoring contracts, and enhanced receivables traceability.
Additional benefits for Chimirec’s CFO include improved working capital, a consolidated view across 15 factoring contracts, and enhanced receivables traceability.
The Chimirec testimonial
Factoring at the CHIMIREC Group: Key challenges
The Chimirec Group operates 42 sites in France and 7 internationally. Its French revenue amounts to €286 million, of which 30% is assigned to factoring, across 15 contracts covering 250 clients.
Why choose ARI Trade?
Above all, to free up cash immediately. We also focused on three other key priorities: saving time on operational management, standardising factoring assignment processes, and automatically ensuring compliance with accounting deadlines to meet factor requirements.
Concrete value delivered by ARI Trade
Today, the main benefit of ARI Trade for the Chimirec Group is freeing up cash and improving working capital. Other advantages include significant time savings on factoring assignments. Processing 15 contracts now takes just 1.5 days instead of 4. Additional time savings are achieved on required data extractions, with improved traceability of client balances and, above all, a consolidated, global view thanks to dashboards.
Your ARI Trade experience in one sentence?
Very satisfied with the use of ARI Trade over the past two years. It is a practical and efficient solution for supporting factoring operations.
The Chimirec Group operates 42 sites in France and 7 internationally. Its French revenue amounts to €286 million, of which 30% is assigned to factoring, across 15 contracts covering 250 clients.
Why choose ARI Trade?
Above all, to free up cash immediately. We also focused on three other key priorities: saving time on operational management, standardising factoring assignment processes, and automatically ensuring compliance with accounting deadlines to meet factor requirements.
Concrete value delivered by ARI Trade
Today, the main benefit of ARI Trade for the Chimirec Group is freeing up cash and improving working capital. Other advantages include significant time savings on factoring assignments. Processing 15 contracts now takes just 1.5 days instead of 4. Additional time savings are achieved on required data extractions, with improved traceability of client balances and, above all, a consolidated, global view thanks to dashboards.
Your ARI Trade experience in one sentence?
Very satisfied with the use of ARI Trade over the past two years. It is a practical and efficient solution for supporting factoring operations.
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How Chimirec unlocked the full potential of its factoring with ARI Trade, by Fibus Digital
With ARI Trade, the Chimirec Group has reduced the time spent managing its factoring operations from 4 days to 1.5 days per month — representing a total time saving of 30 days per year.
Additional benefits for Chimirec’s CFO include improved working capital, a consolidated view across 15 factoring contracts, and enhanced receivables traceability.
Additional benefits for Chimirec’s CFO include improved working capital, a consolidated view across 15 factoring contracts, and enhanced receivables traceability.
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