Seamlessly Onboard Anchors And Counterparties With Specialized SCF Workflows
Lenders use Veefin's SCF LOS to digitize and accelerate the complex dual-onboarding process, manage tri-party agreements, and implement specialized credit policies designed for supply chain finance arrangements.
Veefin SCF LOS at a glance
Dual-Level Credit Scoring & Decisioning
Customize scorecards and risk models for both anchors and counterparties, with automated policy checks for precise tri-party credit decisions.
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Enterprise SCF Platform
Manage multiple supply chain finance products and business lines on one platform with centralized data for both anchors and counterparties.
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Post-Audit Module
Built-in capability to conduct post-disbursement audits on a percentage of invoices, ensuring compliance and reducing risk.
No-Code Design
Configure SCF-specific credit policies, create new supply chain finance products, and optimize anchor-counterparty workflows without coding.
Enterprise-Grade Architecture
Manage multiple supply chain finance products and business lines on one platform with centralized data for both anchors and counterparties.
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Product Factory
Create and deploy unlimited SCF products with complete configurability of terms, policies, and workflows.
Your complete SCF loan origination solution
Seamless Entry for SCF Success
Veefin’s Onboarding module simplifies the complex process of bringing stakeholders into your SCF program. Built for speed and compliance, it ensures every participant is verified, connected, and ready to transact.
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Two-Tier Digital Onboarding
Streamlined workflows guide anchors and counterparties through a unified onboarding process. Customizable forms and digital signatures reduce manual work, while omnichannel support (web, mobile, API) ensures accessibility.
KYC & AML Screening
Automated verification integrates with 250+ global data sources to perform real-time KYC and AML checks. AI-driven document parsing extracts data from IDs, financials, and contracts, ensuring compliance with local and international regulations.
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Relationship Verification
Validates business connections between anchors and counterparties using transactional data, payment histories, and ERP integrations. For example, confirms that a supplier consistently delivers to a corporate anchor before financing approval.
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Bulk Onboarding
Efficiently onboard multiple counterparties under a single anchor with batch processing tools. Upload supplier lists via CSV or integrate with ERP systems (e.g., SAP, Oracle) to automate data import and verification.
Smarter Decisions, Lower Risks
Veefin’s Underwriting and Risk module empowers you to make fast, accurate credit decisions with AI-driven insights and no-code flexibility.
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Multiple Scorecard Builder
Create tailored risk models for different SCF relationships. Adjust parameters like credit history, cash flow, or industry risk without coding with a drag-and-drop interface.
Business Rules Engine
Configure decisioning rules without developers. Define conditions like “approve if credit score > 700 and payment history > 90% on-time” in minutes.
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Financial Data Spreading
AI extracts and analyzes financial data from balance sheets, invoices, and bank statements. Spreads data across standardized metrics for consistent evaluation.
Real-Time Data Validation
Verifies financial and operational data against multiple sources in real time. Flags discrepancies instantly, such as mismatched invoice amounts.
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Fraud & Risk Detection
Advanced algorithms monitor for red flags like duplicate invoices, unusual payment patterns, or sanctions list matches.
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Post-Audit
Comprehensive Audit Capabilities
Our specialized post-disbursement audit module verifies a sample of all financed invoices to ensure compliance.
Configurable Audit Percentage
Smart Sampling Algorithm
Automated Audit Workflow
Compliance Documentation
Risk Mitigation Through Verification
The audit module helps identify potential issues early and ensures the integrity of your SCF program.
Invoice Validation
Document Verification
Relationship Confirmation
Dispute Resolution Tools
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Dual-Level Credit Assessment & Decisioning
Risk teams design complex SCF credit policies that evaluate both anchor and counterparty risk, create versioned scorecards for different supply chain relationships, and automate decisioning with Veefin's no-code platform.
Anchor Assessment
- Industry position analysis
- Financial stability metrics
- Payment history verification
- Strategic importance rating
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Counterparty Assessment
- Credit profile evaluation
- Operational capability checks
- Business model assessment
- Industry-specific risk factors
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Relationship Assessment
- Transaction history analysis
- Relationship longevity scoring
- Invoice/payment pattern analysis
- Dependency measurement
Integration with enterprise systems
Open API architecture to build custom integrators
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Build Specialized Supply Chain Finance Programs for Diverse Client Needs
Vendor Finance
- Early payment programs
- Supplier onboarding
- Materials financing
- Capex financing
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Distributor Finance
- Dealer financing programs
- Channel financing
- Floor plan financing
- Stock financing
Reverse Factoring
- Dynamic discounting
- Anchor-led financing
- Automated reconciliation
- Custom payment terms
Factoring
- With/without recourse
- Notice of assignment
- Maturity factoring
- Cross-border factoring
Purchase Order Finance
- Pre-shipment finance
- Work order finance
- Payment guarantee
- Milestone financing
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Invoice Discounting
- Sales invoice discounting
- Purchase invoice discounting
- Deep tier financing (nth tier)
- Multi-currency support
Experience the
Veefin Difference
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Frequently Asked Questions
How does Veefin's SCF LOS handle the dual onboarding process for anchors and counterparties?
Our platform is designed specifically for the complexities of supply chain finance, with separate but interconnected workflows for anchors and counterparties. The system first validates the anchor's creditworthiness and financial stability, then streamlines the onboarding of multiple counterparties under that anchor. This approach allows for both comprehensive risk assessment and efficient scaling of your SCF program.
Can Veefin's SCF LOS manage various types of tri-party agreements?
Yes, our system comes with configurable templates for all common types of tri-party agreements used in supply chain finance. The document generation engine automatically populates agreement terms based on the specific relationship between anchor, counterparty, and financial institution. Our e-signature integration supports multi-party signing workflows, dramatically reducing the time required to execute these complex agreements.
How does the post-audit module work, and why is it important for SCF programs?
The post-audit module allows you to configure automatic sampling of financed invoices (typically 10% or as required by your risk policy) for post-disbursement verification. This helps identify any discrepancies or potential fraud early in the process, ensuring the integrity of your SCF program. The module includes configurable workflows for audit assignment, document verification, dispute resolution, and compliance documentation.
Can we customize SCF credit policies for different industries and supply chain relationships?
Absolutely. Our platform allows you to create industry-specific credit models that account for the unique dynamics of each supply chain ecosystem. You can configure different parameters for automotive suppliers versus retail distributors, for example, or adjust risk weightings based on the strategic importance of specific relationship types. All of this is possible without writing code, using our visual policy builder.
How does Veefin's SCF LOS integrate with our existing procurement and ERP systems?
Our SCF LOS includes specialized connectors for major procurement and ERP systems to facilitate seamless data exchange. This enables automatic validation of invoices, purchase orders, and goods receipt notes, dramatically reducing fraud risk and manual verification work. We've successfully integrated with over 30 different procurement and ERP platforms worldwide, including SAP, Oracle, and Microsoft Dynamics.
Can we run multiple SCF programs with different structures on a single platform?
Yes, the platform supports multiple concurrent SCF programs with completely different structures, workflows, and credit policies. You can run a traditional reverse factoring program alongside dealer financing and dynamic discounting initiatives, all on the same platform, with appropriate segregation and specialized configurations for each program type.
How does Veefin help us scale our SCF program to include more anchors and counterparties?
Our platform includes tools specifically designed for SCF program scaling, including bulk onboarding capabilities, supplier outreach campaign management, automated eligibility pre-screening, and self-service portals. These features help you quickly expand your program while maintaining appropriate risk controls. Clients typically see 3-5x growth in program participation within the first year of implementation.