Singapore fintech company Nufin Data selects CumulusPro for their Cloud BPM capabilities
Singapore, 8 March 2021 - CumulusPro is pleased to announce a technology collaboration with Nufin Data, a leading fintech trade financing firm in Singapore. This collaboration comes at a perfect time as Singapore embraces the Pan-European Public Procurement On-Line (PEPPOL) e-invoicing standard.
The collaboration involves the interoperability between CumulusPro Straatos BPM Platform and Nufin Data’s NEMO, a supply chain finance platform that provides fast access to working capital options and competitive financing through efficient information exchange between buyers, suppliers and funders.
“We are pleased about the collaboration with CumulusPro, to actualise the potential of a full-fledge BPM solution together with NEMO Supply Chain Financing Platform” added Lim Yi Cheng, Commercial Solutions Lead - Vice President, Nufin Data. “With the interoperability between two cloud-based platforms, e-invoices are collected and processed rapidly on Straatos BPM Platform; while NEMO is kept “status-aware” of every successful processed and approved invoice. This connectivity forms an integral part of digitalising the Supply Chain Financing Program organized by Nufin Data.”
“The technical collaboration between the solution platforms occurred naturally as both organisations embrace similar product visions. CumulusPro solutions help to digital transform businesses by connecting people, processes and applications. NEMO aims to deliver financial services by connecting suppliers, buyers and funders on a single platform.” said Adeline Tan, Sales Director, CumulusPro. “It’s all about connecting people, processes and applications with technology.”
About Nufin Data
Established in 2017, Nufin Data is a Singapore-based fintech trade financing firm and with offices in Malaysia, Indonesia and Greater China. Their product NEMO is a cloud-based supply chain financing platform brings together strong partners to create a connected and collaborative trade ecosystem where businesses can make the most of their payables and receivables to boost cash flow and grow together.
CumulusPro helps businesses to rapidly transform into digital enterprises by Connecting People, Process and Application. CumulusPro’s cloud-based Business Process Management (BPM) Platform, Straatos, is designed to revolutionise how organisations and public institutions digitally communicate and collaborate with their customers, citizens and partners. Digital enterprises typically improve their customer experience, increase customer’s satisfaction, business efficiency and productivity while reducing cost and time to market.
For further information, please contact:
Sr. Vice President, Marketing
Lim Yi Cheng
Commercial Solutions Lead - Vice President