A brand new factoring strategy to plug revenue leakages
Broadspectrum, a global infrastructure management company entered into a factoring agreement with a leading US financial institution in Australia. However, it realized that it was paying unreasonably high interest payments to the financial institution and wanted to trace the reason for the same. Infosys BPM took the factoring agreement initiative to analyze interest payments to the banker, and the customer payments pattern to provide insights on cost saving opportunities.
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