Supply Chain Financing
ABB strives to process invoices and make payments to our suppliers efficiently and effectively. With Approved Trade Payables Finance (ATPF), ABB’s Supply Chain Finance program, select suppliers can sell their receivables to a bank for immediate cash payment at a very attractive discount rate, based on ABB’s credit rating. This enables suppliers to improve cash flow and optimize working capital.
Please be aware that this program is not active with all countries.
Please click on link to find out countries with active supply chain financing program.
- Invoice must fulfill ABB invoicing requirements and must match PO in regards to specification or ordered goods/services, quantity, price and have correct PO number on the invoice. Otherwise, it could add additional days to the average processing of 10 days. Quality issues can also delay process.
2. ABB averages 10 days to process invoice.