Where Early Pay solutions could benefit

Many companies have developed early pay solutions to provide some form of liquidity to their supply base. And why wouldn’t they. Having technology in place to help with einvoicing, workflow, routing, exception management, supplier portals, etc. while of extreme value to a client, comes with severe transaction pricing pressure. There are just a lot of solutions to choose from See Jason’s piece on Supplier Networks and Einvoicing selection strategies

So the rush, and some would say gold rush, to add finance applications to these solutions makes sense. Why not? If you can not only help the buyer with internal efficiency, why not help their suppliers adhoc needs for cash, and even your own Treasury as well?

Every solution is different, and there are several limitations with many models today. This is where Nipendo’s solution excels, and to learn more download the whitepaper here

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