Archive for Supply Chain Finance

We give the floor to our supply chain finance sponsor: ApexPeak

ApexPeak is a new capital provider aimed to provide services to small and medium size enterprises directly and those transacting on electronic invoicing networks. Founded in 2012, the firm provides in excess of US$1.3 billion trade finance to businesses located in 160 countries worldwide
By offering a simple, fast, flexible and affordable service, ApexPeak removes the lengthy, manual and restrictive processes required by banks. As a result, their customers no longer need to worry about cash flow problems and can instead focus on growing their businesses.

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Simplicity matters for eInvoicing, portals and dynamic discounting!

Simplicity matters for eInvoicing, portals and dynamic discounting!

As you probably know, getting your suppliers to enroll, and actually use your portal is the first step to ensuring effectiveness and the highest ROI. How can you tell if a portal is bound to receive low supplier adoption? Here are three key warning signs you should look for.

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Interview: the future of e-invoicing by Bruno Koch + 2015 trends

In this webinar, with guest Bruno Koch of Billentis, Basware examines e-invoicing trends, separate hype from reality - and do their very best to prepare you for the forces that are changing the B2B landscape in 2015. Basware predicts 2015 as the year of global business-to-business (B2B) e-commerce based on 5 key trends.

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Insight Investments buys billions approved-to-pay, investment grade receivables from Tungsten Network

Insight has agreed to purchase approved-to-pay, investment grade receivables originated through the Tungsten Network e-Invoicing platform. The funding to be provided is expected to total several billion pounds. Tungsten now has all the required funding at this stage for its invoice finance proposition, so that Tungsten no longer needs to pursue alternative financing options.

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LATAM E-invoicing mandates drives supply chain adoption

Supply chain finance encourages collaboration between a buyer and seller rather than each party working solely for self-interested purposes. Though supply chain finance has been around for a number of years, there's an argument to be made that the government mandated e-invoicing system that's in place throughout much of Latin America may help to further drive financing in the supply chain.

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When will the trade finance world see the future? [Opinion]

When will the trade finance world see the future? [Opinion]

Companies are moving into open account trade relations. Banks' role is limited to money transfer and fees made, in letter of credit methods are now gone. Apparently with the Bank Payments Obligation, SWIFT has once again thought to have found a cure (after its failed TSU product) to recapture the dying trade income.

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Tungsten's Early Payment is now live in the UK and in the USA, to reach the USD 1,000 bn goal

Tungsten’s Early Payment is now live in the UK and in the USA, to reach the USD 1,000 bn goal

This move is part of the company's progress towards its medium term goals of:$1,000 bn of invoice value on the Tungsten e-Invoicing Network, $100 bn of invoice financing through Tungsten Finance, $10 bn of savings for clients using Tungsten Analytics.

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Basware receives Green Supply Chain Award for 5th Consecutive Year

Basware received the award for helping companies significantly reduce volumes of paper invoices through e-invoicing, automating financial processes and conducting e-business. In addition to enabling sustainability, Basware’s solutions and services helped companies gain critical visibility and control over finances, reduce costs and improve working capital.

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After Tungsten, SAP (Ariba) free supplier fees, but for SMEs only

At its fourth global SME summit in New York City, SAP announced two new initiatives specifically targeted at its smaller customers and. The first the extension of a zero per cent financing offer. The second is the ability of SMEs to connect to SAP’s Ariba Network free of charge!

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USA strengthens SupplierPay initiative: improving SME working capital

The White House and the Small Business Administration announced to expand SupplierPay. Another 21 companies are joining the 26 companies that had already adopted the SupplierPay. Participants of the SupplierPay initiative, promise to pay their small suppliers faster or enable a financing solution that helps them access working capital at a lower cost.

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