SAB Partners with IBEA to Transform Accounts Payable into Revenue Generators 

Riyadh, Saudi Arabia – October 22, 2024 – SAB Corporate Banking is thrilled to announce a groundbreaking partnership with IBEA, a solution that revolutionize the Accounts Payables for bank’s esteemed clients by monetizing supplier invoices and payments. This collaboration marks a significant step toward transforming what has traditionally been viewed as a cost center into a powerful revenue-generating stream. SAB Corporate Banking is committed to empowering its clients to streamline their AP processes, enhance cash flow management, and unlock new opportunities for profitability. 

 

SAB Corporate Banking is excited to unveil a revolutionary partnership with IBEA, a solution designed to transform Accounts Payable from cost center to revenue generator by monetizing supplier payments. This collaboration represents a major advancement in reimagining what has typically been a cost center into a significant revenue-generating opportunity. SAB Corporate Banking is dedicated to optimizing client’s Accounts Payable processes, improving cash flow management, and discovering new avenues for profitability - such as IBEA’s dynamic discounting.  

This collaboration will allow SAB Corporate Banking Clients to generate revenue through IBEA accounts payable automation and dynamic discounting. This will result in quicker processing times, fewer errors and cases of fraud, and overall enhanced relationships with suppliers. IBEA will provide SAB clients with better insight into their financial operations, ultimately driving growth and profitability. 

 

IBEA’s solutions of accounts payable automation and dynamic discounting will empower buyers to monetize each and every supplier’s payment. The partnership between IBEA and SAB will also allow suppliers to improve their cash flow via dynamic discounting. Through IBEA, SAB Corporate Banking Clients will be able to streamline payment processes, benefiting from enhanced efficiency, and an increase in financial outcomes. We look forward to supporting our clients on this transformative journey towards enhanced operational excellence. 

 

Through leveraging IBEA’s solutions, SAB Corporate Banking Clients can streamline their payment processes, leading to improved efficiency and better financial results. Enabling buyers to monetize and maximize the value of every supplier payment, while benefiting suppliers with enhanced and optimized cash flow. 

 

For more information about IBEA, kindly visit www.ibea.com, for further details on the solution on how it can benefit your business, you can request a demo.