TeamSystem Group and Banco BPM have started a collaboration to support SMEs and micro-enterprises in managing liquidity with digital services, banking and integrated management services.

There are three strands of cooperation.

The integration between the management of the TeamSystem group and the online services offered by the bank, already active for the common customers for the collection, payment and advance services of invoices and soon extended to a real joint commercial offer.

The development of digital solutions for the management of finance to the enterprises by Banco BPM, enabled by the platforms and know-how of the Teamsystem group.

The launch of the Cash-in Service Now: this is a fintech platform of the latest generation of the TeamSystem Group focused on the sale of commercial credits.

Through the SME and micro-enterprise service, up to 90% of the amount of their active invoices can be collected in advance and digitally, without activation costs or monthly fees.

Thanks to the agreement between the TeamSystem Group and Banco BPM, the platform has made available a line of 100 million euros and will have the potential to purchase up to 400 million euros of invoices for the Italian business fabric in the course of the year.

The collaboration agreement also provides for the entry of Banco BPM into the capital of TeamSystem Financial Value Chain, a company born from the partnership between the TeamSystem group and a group of experienced professionals in the sector, who have been operating in the management for over 30 years.

In addition, a working group will be set up to design integrated and innovative solutions for the management of the Digital Supply Chain that will be developed over the coming months.

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