The future of factoring is digital, but how do banks successfully transition from manual, paper-heavy processes to seamless automation?
In this episode, of QUALCO Credit One2One, we sit down with Tamara Khizanishvili, Director of Trade Finance & Factoring at TBC, to uncover the strategy, challenges, and key decisions that led to their remarkable transformation.
From navigating factoring automation, selecting the right fintech partner, and overcoming internal resistance to change—this discussion is packed with insights for financial institutions looking to scale their receivables finance operations.
Key insights include:
🔹 The key challenges of traditional factoring and why digital transformation is crucial.
🔹 Why TBC prioritised factoring digitalization?
🔹 How automation reduced financing time from days to just 30 minutes?
🔹 The role of strategic partnerships in driving trade finance innovation.
🔹 Takeaways for financial institutions looking to digitise their operations.
💡 Tune in for real-world insights on the evolution of factoring and the role of technology in modern finance.
🎧Listen now on Spotify, Apple Podcasts, and Amazon!
#Fintech #Factoring #DigitalTransformation