Citi has launched Citi Consolidate, an invoice processing solution powered by Infor Nexus, Infor’s multi-enterprise supply chain network, to digitise trade processes for corporate buyers and their suppliers.
The solution pulls invoice approval, purchase order, and payables processes into a single end-to-end digital flow. Invoice creation, reconciliation, and payment approvals have long been fragmented manual tasks that could take weeks, leaving buyers short of data and suppliers short of financing. Citi Consolidate aims to improve straight-through processing, cut approval times, and speed access to working capital.
“Citi Consolidate demonstrates our relentless commitment to driving innovative solutions to help our clients advance their digital journeys,” said Adoniro Cestari, Global Head of Trade and Working Capital Solutions at Citi Services. “This new capability will help our clients realize their goal of eliminating paper processes, while also optimizing their working capital. At the same time, it will provide accessible and actionable data that our clients can use to help manage their businesses more efficiently.”
For buyers, Citi Consolidate provides a single shared repository for purchase orders, invoices, and transportation documents; automated document matching, invoice approval, and discrepancy resolution; better cash flow visibility; and supplier risk mitigation, as critical suppliers gain easier access to financing.
For suppliers, it speeds up invoice approvals and earlier access to financing, gives visibility into approval and payment status, and opens a wider range of options including Purchase Order Financing, Deep-Tier Financing, and Dynamic Discounting.
“Infor has been bridging physical and financial supply chains for two decades and is excited to work with Citi, a global leader in Trade, to further automate customers’ trade flows across industry verticals,” said Gary Schneider, VP, Financial Services at Infor. “Infor Nexus’ network capability will help drive data management, leading to harmonized invoice processes and improved cash flow visibility, while Citi’s global network and advisory services optimize the use of capital across a company’s supply chain. Together, we will digitally transform an organization’s financial supply chain.”
Citi has also recently begun acting as a Financing Service Provider to Infor Nexus clients in the United States, so clients no longer have to manage multiple platforms. Citi Consolidate is available now to clients in the United States and Canada, with expansion to more countries planned for 2026.