Akbank, one of Turkey’s leading financial institutions, has been recognised as the country’s best cash management bank, an award driven by its transformation of the e-commerce financing landscape.
In 2024, the bank launched an innovative e-commerce platform that enables early discounting without the need for invoices, offering a streamlined solution for SMEs. Unlike traditional models, which typically require businesses to issue invoices to track and verify discounted transactions – often resulting in delays and administrative burdens – Akbank’s innovative approach eliminates this step entirely, setting its platform apart from the ones currently on the market.
Innovations have enabled the bank to reach underserved suppliers – ultimately broadening market access and deepening client engagement
This development has significantly broadened access to financing for suppliers who were previously excluded.
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