Archive for Supply Chain Finance

2.3 Trillion USD : The global macroeconomic impact of paying suppliers earlier…

September 13, 2016  |  Research, Supply Chain Finance

Imagine a world where all of the largest companies gave their suppliers access to early payment financing - what impact would this have on the global scale? Peter Loughlin calculated the numbers. And they are staggering....

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FIT Solutions announces its Supply Chain Finance Service in the Turkish finance sector

e-Finance is a FIT Solutions Supplier Financing Platform which steps in the situations where the corporations are required to collect their receivables earlier in order to make their payments regularly and on time.

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The e-invoice to be used as a secured asset in Colombia

The Ministry of Trade and Industry of Colombia has joined forces with the major e-invoicing service providers, among them EDICOM, to ensure that the new electronic invoice acts as a securitised asset when companies ask for an advance on their payments from credit and financial institutions.

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Want to sap the strength out of your supply chain? Charge your suppliers portal fees!

May 30, 2016  |  Adoption, Supply Chain Finance

"In a simple, real-life example, charging supplier fees is like hosting a dinner party and charging your friends for eating your food", Chris Cauley.

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Tungsten’s supply chain financing volume tripled in just 12 months

After being on a rocky trail for some time, things are now looking promising aging for Tungsten. In the financial year (FY) that just ended, Tungsten financed invoices for 79 suppliers totalling over £100mln, compared with £32mln for 38 suppliers in FY15!

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The Ultimate Guide to Supplier Financing [Download]

Based on research from experts like PayStream Advisors and Ardent Partners, this guide highlights the quantitative and qualitative benefits of a supplier financing initiative. It thoroughly covers every financing option available for your supply chain.

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Kevin Wilbur becomes Tungsten’s President of AP Automation; driving global expansion of e-invoicing, PO services, workflow and analytics

Tungsten Network has promoted Kevin Wilbur to the role of President, AP Automation. He will lead the expansion of digital invoicing, workflow and analytics capabilities across Tungsten’s global customer base, helping more finance and procurement departments.

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TIE Kinetix introduces FLOW: a single platform to automate all inbound and outbound orders, invoices and other B2B documents

The new platform is the result of 30 years of experience, facilitating 3.500 customers and 30.000 partner integrations worldwide and defines a new standard in partner automation.

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Hanse Orga and Taulia partner for working capital management

The alliance aims to enable organizations to make smarter decisions through a simple, interactive dashboard that makes recommendations on how to make better use of their cash while strengthening supplier relationships.

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Prabhat Vira appointed president of Tungsten Network Finance (supply chain finance)

As President of Tungsten Network Finance, Vira is working closely with Richard Hurwitz, the CEO of Tungsten Corporation, to develop a radical “100 day plan” which will shape his strategy for the business.

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