A prime opportunity exists today for suppliers to improve supply chain visibility and be more effective in managing their financial supply chains. Apparel, footwear and consumer goods providers are competing better and growing alongside their brand and retail customers with the right tools and services. Seeking additional financing or payment protection? Learn more about supply chain financing services available on TradeCard. Click here to contact TradeCard for more information.
|
TradeCard continues to expand its presence in places like Central America, Bangladesh and Vietnam to enable more businesses to connect with exporters and importers across the globe. The combination of technology and financial services increases supply chain speed, responsiveness and efficiency by offering suppliers direct access to competitive funding, a vast global trade network, and a local support team - all through an easy-to-use technology platform.
"Collaboration with customers and finance providers in a secure paperless environment ensures operational efficiency, accuracy and speed. Accounts receivable financing services available on TradeCard help us improve margins and cash flow. Our ability to leverage the financial strength of our customers to achieve more competitive financing rates is a strategic business advantage."
"Transactions today involve numerous parties and moving parts that cause orders to change each day. Transacting on a multienterprise trade finance hub enables us to have a centric view into the movement of payments in the supply chain."
"To stay competitive in the 21st century business environment, TradeCard is the future. With more of our buyers now using TradeCard it is gradually becoming standard for us. We have offices in Taiwan, Macao, Hong Kong, USA, plus factories in Vietnam and China. Using TradeCard helps keep track of purchase orders, invoices and all other documents in one place that would normally all be on paper."
"Pegasus has been an active user of TradeCard for over 18 months with several of our major USA customers now using TradeCard's document management, electronic compliance and settlement services. Our experience has shown TradeCard to be flexible and simple to implement and it allows us to easily automate our back office in a secure environment. Having real time information allows better internal coordination between our various departments in different locations and brings us closer to our customers. From a credit management and finance perspective we enjoy the flexibility TradeCard brings in terms of maintaining existing bank relationships and purchasing a payment guarantee at a purchase order level. As well as providing process efficiencies and better control over our receivables, in comparison to traditional settlement vehicles such as the letter of credit, TradeCard gives us real cost savings." |