Category Archives: Technology & Platforms

A Nightmare on Payment Street – The Supplier’s View of the Early Payment Maelstrom

Yesterday, I covered a number of challenges around the issue of early payment solution provider proliferation and supplier confusion. Yet it is excitement and change in the market that is in large part leading to the confusion itself. What’s driving part of the excitement – actually a large part of the excitement in procure-to-pay-based lending – is the data that sits inside networks like Tungsten, Basware, Taulia, Nipendo, Ariba, GT Nexus and others. The combination of this data with external data is nirvana for anyone with a doctorate in statistics or mathematics. As with program trading on Wall Street, you can model risk and behaviors.

Tradeshift to Partner with C2FO, Extend Working Capital Access Across Network

Supplier collaboration platform Tradeshift announced Tuesday it would partner with C2FO to expand dynamic discounting solutions to a broader network of suppliers and buyers. The partnership will provide more suppliers access to the C2FO working capital market to improve cash flow and allow more buyers to increase pre-tax earnings through early repayment. The partnership can be summarized as follows: Tradeshift, the company that views itself as the B2B equivalent of Force.com, now provides an app for working capital through C2FO, the only solution provider that enables buyers to set the APR return and auction cash to suppliers based on the rates set by latter.

Why E-Invoicing Has Failed to Attract Outside Funding

As Tungsten recently reported in its financial results, the level of adoption for bank or non-bank intermediated financing through supplier networks and e-invoicing programs is still embryonic. Spend Matters and Trade Financing Matters estimate that more than 95% of invoice discounting and dynamic discounting programs that leverage an e-invoicing, supplier network or related platform capability currently rely on corporate self-funding to support such programs on a volume basis today. Finding a logical answer to why third-party adoption is low requires a deep dive.

Invoiceware – Cracking the Code of Latam Tax Compliance – Post 2

Our previous post looked at how Governments are increasingly mandating electronic tax and trade reporting. Latam has different business processes than the rest of the […]

Supplier Onboarding – Dont shortshift Execution Part I

Trade Financing Matters will examine Supplier Onboarding in a series of four posts. The term supplier onboarding, like the term “supply chain finance” means different […]

Pre Shipment or Purchase Order Finance– can anyone Deliver the Goods? – Part I

The talk about supply chain finance and in particular new ways of financing commercial transactions, be they international or domestic, has mostly just been that, […]

Supply Chain Finance Platforms should rethink business models

As I watch the race to go after the large pie that represents trade credit on corporate balance sheets, many of the platform providers have […]

RBS selects Taulia to close Gap in Supply Chain finance offerings

The recent announcement that The Royal Bank of Scotland (RBS) has partnered with Taulia to offer its corporate clients dynamic discounting with e-Invoicing comes at […]

GT Nexus and IFC deliver Supply Chain Finance to Emerging Markets

GT Nexus provides the platform in certain markets to help the International Finance Corporation (IFC) implement supply chain finance programs. IFC is the private sector […]

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 […]

HSBCs Trade Forecast Tool left me wanting more

For companies doing business overseas, and increasingly that means many more smaller companies, understanding currency issues, foreign exchange controls, basic bank account information and other […]

The strange tale of RFID technology and supply chain finance

Radio Frequency Identification (RFID) has been around for decades, and has appeared to be the “it” app for transforming supply chains by enabling real-time data […]