Invoicing Is a norm in today's financial system, and economic issues globally have made it a widespread practice in the running of businesses. It's almost impossible to get all wholesalers or customers to pay for all delivered products or Services on delivery due to financial constraint, so therefore the practice of invoicing is often done to collect funds from these customers on a later date. But this practice causes limitations in liquidity mostly in Small and Medium-sized Enterprises (SME), and the problems with traditional finance system of the world further make the practice of invoicing cumbersome. The traditional Finance system of the world doesn't create ample room for SME with most of them not having requirements to secure loans from banks, and the invoice factoring process in which businesses sell its accounts receivables at a discount to raise funds has grown to be a disadvantage to such SMEs. Poor verification medium for invoice and shortcomings in the old fashioned financial reporting mechanism also calls for gross improvements.
Introducing Pcore
Pcore is a blockchain platform designed to render the much-needed improvement needed in the invoice system and financing of SMEs globally. The inclusion of blockchain technology gives room for secured, accountable, valid, and rectitude transactions. Pcore implements blockchain technology to facilitate the seamless trading of Invoices as digital assets by participants on the Platform in a bid to ensure the much-needed liquidity for SMEs is guaranteed. The Pcore Platform is designed to allow creation, traceability, uploading, and connection of invoices in a system designed to be favorable to investors who purchase this receivable invoices while SMEs can now get instant funds for purchasing goods, paying salaries, day to day operation of businesses e.t.c.
Core Features of Pcore
Conclusion
Pcore aims to provide revolutionary services that can be of immense benefit to SMEs and Investors who are actively looking for a profitable investment opportunity. With the remarkable use case and a marketing approach designed to spread out from the UK to the world most populated nation China, Pcore is definitely a project to watch out for.
For more information kindly visit any of the following links
Website : https://pcore.co/
Whitepaper : https://pcore.co/whitepaper
Facebook : https://www.facebook.com/Pcore-PCC-351650118758061/
Twitter : https://twitter.com/PcorePCC
Telegram : https://t.me/joinchat/Lr_g4hNZ8vDU0qiwzAwH5A
Reddit : https://www.reddit.com/user/PcorePCC
Medium : https://medium.com/@PCORE
Ann Thread : https://bitcointalk.org/index.php?topic=5121997
Author's Details:
Bitcointalk Username: mrsparks
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1197564;sa=summary
