A Settlement Payment Method in the Traditional Supply Chain Finance Field

Abstract

The invention discloses a settlement and payment method in the field of traditional supply chain finance. It is divided into buyers and suppliers. The two parties to the transaction sign the relevant procurement contracts on the platform, and conduct order transactions on the platform, including delivery and receipt of goods; Afterwards, the transaction end pays for the goods; according to the actual payment situation, a settlement payment table, an overdue interest base table, and a discount interest table are generated, which will be reviewed by the auditors of both parties. After the review is passed, it will be written into the current reconciliation calculation table; , the supplier performs the bill exchange operation on the platform, and converts the bills whose payment type is commercial acceptance bills into bank acceptance bills or cash. When the commercial acceptance bills issued by the purchaser expire, they will be honored on time to complete the transaction cycle. The invention has the beneficial effects of: ensuring the interests of the supplier, improving the work efficiency of both transaction parties, revitalizing stock funds, and reducing the transaction cost of note conversion.

Description

technical field [0001] The present invention relates to the technical field of financial data processing, in particular to a settlement and payment method in the traditional supply chain finance field. Background technique [0002] The concept of supply chain is developed from the concept of expanded production. Modern management education defines supply chain as "supply chain is around the core enterprise, through the control of business flow, information flow, logistics and capital flow, starting from the purchase of raw materials It is an overall functional network chain connected by suppliers, manufacturers, distributors (retailers, wholesalers, etc.) to end users to make intermediate products and final products, and finally deliver the products to consumers through the sales network structure". [0003] The supply chain refers to the connection of related parties or the connection of business before the goods reach the consumers. It revolves around the core enterprise,...

AI Technical Summary

Problems solved by technology

[0004] In the financial field of the existing traditional supply chain, the general transaction method often adopts the offline method, which is easy to form an open loop of the transaction, resulting in the shortage of funds between the two parties of the transaction. When the settlement and payment are often paid part of the amount, and The remaining part is used as the next payment, but this often does not involve overdue and interest discount costs, resulting in damage to the interests of the supplier

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