Since 2 November, Generali Italia has made available to around 1000 suppliers who provide services to the company a tool to support their business, i.e. immediate advance payment of invoices compared to the 60/90 days of average payment. It is as much as the Lion in a note.
“Through a new platform that uses automatic algorithms – we read – Generali Italia offers medium and small companies a selection of invoices for which it is possible to request an advance in a simple, automatic and efficient way. This is a new tool that Generali Italia has adopted to consolidate partnerships with its suppliers, to whom it makes available liquidity of around 50 million a year, thus becoming a point of reference for its supplier companies and further strengthening the partner strategy of life".