In our latest podcast episode, we explore the potential resurgence of a tried-and-tested financing instrument – the bill of exchange. Our guests today – Heike Nine (Rewe Group), Matthias Cork (Rewe Group), Markus Rupprecht (PwC Germany) and Jan Osenegg (committee member at the Association of German Treasurers) – discuss the regulatory framework and the potential applications of the (digital) bill of exchange. A traditional bill of exchange serves as a means of payment, combined with credit and hedging functions. However, the paperwork and administrative burden are increasingly standing in the way of its wider use. The digital bill of exchange, also known as ‘BexNote’, offers companies and investors many advantages over traditional supply chain finance programmes, which we discuss from various perspectives. We also look to the future: when asked where the digital bill of exchange will be in five years’ time, our experts provided promising answers.

For more information on the digital transition, please refer to the white paper “BexNote: The Digital Revolution in Supply Chain Finance” point out.

Matthias Cork, Director (Group) of Working Capital Strategy & Projects (ZF WC), REWE GROUP

Heike Nine, Senior Manager, Finance / Working Capital Strategy & Projects (Z FWC), REWE GROUP

Markus Rupprecht, Senior Executive Advisor, PwC Germany

Jan Osenegg, Managing Consultant, Senior Advisory & VDT member of the Cash & Liquidity Management department

Note on the podcast content