Commerzbank & T-Systems: Deliver automated supply-chain financial services
- Commerzbank is the leading bank for the German Mittelstand and a strong partner for around 26,000 corporate client groups
- The two companies are developing a solution for fully automated supply chains with integrated financial services
- The Telekom subsidiary and the Frankfurt-based bank are employing technologies such as 5G campus networks
- The joint solution uses event-based automation of payment flows to significantly reduce manual billing processes
- The solution will initially be applied at the logistics company Nagel-Group as a pilot customer
- The automated finance solution supports manufacturers, suppliers, and logistics companies in the settlement
