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Deepening industrial chain financial service, Baosteel financial company awarded by China "Annual most innovative financial company "

Recently, Baosteel financial company rely on electronic business platform with the performance of deepening industrial chain financial services , standing out from more than 190 financial companies, and won the award of "2014 China financial institutions Gold List - Annual most innovative financial company " jointed issued by "Financial Times" and Chinese Academy of Social Sciences Institute of Finance.

Last year, the e-commerce finance team with open mind, sticking to the users' needs, constantly explore the new service mode, tailoring bill services platform for trading center as the precedent in third-party payment industry and designing virtual-real account structure combined with the account features of both financial company and Easternpay, to ensure the timeliness and flexibility of transfer. Last year, the total flow of Easternpay online payment exceeded 30 billion yuan, with 5 times year-on-year growth, supporting the business development of trading center and improving the online payment application environment; finance company "Bao Fund" spot pledge loans reached 360 million yuan, enlivening the platform trading and enhancing the customer rentention; "Resource GO" platform supplier bill discounting achieved online "one-stop" service, improving the customer experience and work efficiency.

Based on the financial function supporting procurement policies, Financial company vigorously expanded the supplier bills discounting business, promoting the core corporate paper bill transfer and endorsement and external billing settlement, with the cumulative annual discount loan of 2.5 billion yuan, and more than 100 service supplier. By advertising, door-to-door counseling and discounting, finance company actively promote the application of e-commercial bill on the procurement side, which the discounting proportion among the suppliers has reached 66%. Supply chain financing as a strategic business of finance company made a breakthrough last year, the percentage of supply chain financing in the credit assets increasing to 32% from 16% in early of the year, enhancing the profitable ability from Group outside.

Since last year, bill management is becoming the new normality of corporate financial management, financial company play the professional advantage, inspiring employees wisdom, increasing innovation, continuously emerging a new variety of bill services. Online inquiry with the advantage of online operation and quick inquiry speed, are warmly welcomed as soon as it is launched, becoming the "weapon" for corporate to strengthen paper bill risk management and control; intelligent bill allocation model achieve automatic picking and allocation function, free the financial employees' eyes and hands, greatly improving the work efficiency; exploring remote bill trusteeship mode to achieve "physical stay, information flow" to reduce the number of paper bill delivery, improving the using efficiency of bills, and saving financial costs. In addition, the bill imaging technology, the whole process online entrusting, electronic direct billing and other new products are actively under development.