Recently, great news come from Baosteel finance company. As the only pilot access network enterprise, officially, Baosteel finance company participate in the People's Bank of China Shanghai headquarters cross settlement comprehensive business system functional optimization test-run. Therefore, as the first participating this project test-run enterprise, Baosteel will enjoy the convenient and efficient bringing by the advanced technology.
In recent years, Baosteel finance hold the opportunity and innovate the business without rest, which formed the unique superiority in electronic cross settlement, bill integrated service, supply chain finance, E-business finance, etc. and notable promotion on finance service can be seen. Among them, Baosteel finance company is certain about the trend and lead the technology progress by innovation with fully promotion on cross settlement level, gradually, forming the core competitiveness on cross settlement.
E-commercial bill business is also flourishing. As a new type settle accounts tool, E-commercial bill can reduce the management cost, avoid the bill risk, fast the flow rate, which advantage can be seen increasingly. Baosteel finance company hold the opportunity to expand E-commercial bill business with an uncommon performance in three years, which make the E-commercial bill system establishment and business expanding in a leading position from beginning to end. In December, 2010, only within half year on-line working for Baosteel E-commercial bill system, e-commercial bill business development award was issued by People's Bank of China's Head Office; last year, Baosteel e-commercial bill draft acceptance was ranked in front of the whole finance company industry, and was the champion in all the finance institution in Shanghai area. In April this year, annual payment and settlement working conference was held in People's Bank of China Shanghai headquarters, and given Baosteel special praise for its highlight performance on e-commercial bill business. Nowadays, widespread application was got in the group company of the e-commercial bill and extend to the upstream-downstream industry chain. E-commercial bill business volume occupy the bankers clearing total proportion from the 16% in 2010 to present 93%, which make the striking promotion on working efficiency in unit financial staff and business personnel cross the country.
E-business finance emerge as the times require. Focusing on Baosteel's requirements on comprehensive arrange financial function in E-business platform, Baosteel financial company respond actively, customizing the safety and convenient online payment, financing and conducting financial transactions tool for e-business platform. "Bao futong"series financial brand was also born at the right moment, winning the confirm in the trade union. This series of brand integrate the nowadays internet finance and e-business field advanced online payment, financing and managing money matters tool, which can solve the pay trifles, financing difficulty, low capital efficiency,etc problems in the traditional trade mode in force, further completing the application atmosphere in e-business. The adoption of financial tool innovation and advanced settle accounts make the customers in Baosteel e-business platform really feel "pay with the heart, converge for great minds."
Settle accounts is up the steps again. Baosteel finance company participate in People's Bank of China Shanghai headquarters cross settlement comprehensive business system with the biggest breakthrough is in its getting through each business banks' internet bank passage, establishing a new platform which can complete the city-wide inter-bank, so it is metaphor as "super internet bank". Group company member via registering in finance company's internet bank, they can inquire and capital transfer for more than 80 bank's account in Shanghai area with a more convenient operation and faster audit speed. It is an edge tool for the member company in promoting capital usage efficiency, strengthening account risk monitoring, as well as encouraging finance company settle accounts service into a new step.
