Citi Launches Citi Consolidate™ to Digitize Global Trade and Supply Chain Finance

Quick Summary

Citi has launched Citi Consolidate™, a trade digitization solution powered by Infor Nexus. This platform automates invoice approvals and purchase order workflows, allowing corporate buyers and suppliers to eliminate manual paper processes, accelerate supply chain finance access, and gain real-time visibility into global trade cash flows.

How Does Citi Consolidate™ Solve Trade Inefficiencies?

Citi Consolidate™ addresses the historical fragmentation of supply chain finance by replacing manual reconciliation with a fully digital, end-to-end workflow. By integrating directly with the Infor Nexus multi-enterprise network, the solution enables straight-through processing of invoices, which previously took weeks to approve. This automation ensures that:

• Manual document matching is replaced by automated discrepancy resolution.
• Cycle times are compressed, allowing for faster payment triggers.
• Data silos are eliminated through a single shared repository for POs and invoices.

What Benefits Does This Provide for Global Suppliers?

Suppliers often face liquidity gaps due to slow approval cycles; however, this integration provides earlier financing access by digitizing the approval trigger. Through Citi Consolidate™, suppliers gain unprecedented payment transparency and can leverage diverse funding models. Key features for suppliers include:

• Purchase Order Financing to support early-stage production.
• Deep-Tier Financing to extend liquidity further down the supply chain.
• Dynamic Discounting options for flexible capital management.

How Does Infor Nexus Enhance the Citi Ecosystem?

The partnership utilizes Infor Nexus to bridge the gap between physical logistics and financial transactions. By acting as a Financing Service Provider within the Infor environment, Citi allows clients to manage supply chain finance without switching between banking and ERP platforms. This unified data environment helps buyers mitigate risk by ensuring critical suppliers remain liquid and operational during volatile market cycles.

FF NEWS TAKE:

This move by Citi significantly moves the needle by embedding supply chain finance directly into the digital trade flow. By partnering with Infor Nexus, Citi isn't just offering a loan; they are providing the digital infrastructure required for modern trade. This integration reduces friction in cross-border commerce and sets a high bar for how Tier-1 banks must evolve into technology-first ecosystem orchestrators to retain corporate loyalty.