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As calls grow louder for corporate buyers to maintain responsible supplier payment habits, the opportunity for the buyer-supplier relationship to make or break the success of a company grows, too.In times of volatility, corporates and their business partners must collaborate to find common ground and ensure that cash continues to flow favorably for both sides of a B2B transaction. For these businesses ; FinTech and financial services partners, there   opportunity, too, to facilitate this cash flow. Deepening ties between accounts payable <a href=https://www.stanleycups.co.nz>stanley cup nz</a>   AP  and accounts receivable  AR  departments will be key to ensuring buyers and suppliers remain viable.This week   examination of the convergence of AR and AP systems explores how FinTech is stepping in between B2B transactions to foster that buyer-supplier relationship by addressing friction on both sides.Fintainium, CIT Team For SMB Cash FlowIn a recently-announced partnership, workflow management provider Fintainium and payments technol <a href=https://www.stanley-cups.it>stanley italia</a> ogy firm CIT said they are looking to enable small businesses to manage cash flow through paymen <a href=https://www.cups-stanley-cups.us>stanley usa</a> t inflows and outflows.Together, the companies are integrating their technologies, connecting small and medium-sized businesses  SMBs  to Fintainiums Dynamic Negotiation tool that helps small firms initiate accelerated B2B payment terms in exchange for a dynamic discounting agreement with their suppliers. Dynamic discounting can mean lucrative discounts on the accounts payable side, and faster p Hbes Report: Shein May Cut Valuation to $30 Billion Ahead of IPO
Much is made about China as one of the biggest markets for just about any vertical. But among the millions of firms operating within the country, data flow can be less than efficient, especially between businesses transacting with one another.At the end of last month, Tradeshift, which offers a platform for suppliers and also offers software for tax and regulatory compliance, announced two joint ventures within China that seek to connect millions of firms that do business throug <a href=https://www.stanley-cup.us>stanley cup</a> h trade and also streamline invoicing through digitization. Theres also an initiative to offer trade-based financing to smaller firms within China.In an interview with PYMNTS, Tradeshift Cofounder Mikkel Hippe Brun stated that the cash flow cycles in China can be extremely long, with months marking the time between delivery of goods or services and final payment. In the meantime, he said, one of things lacking in China is that, for smaller firm <a href=https://www.stanleycup.pl>stanley kubek</a> s,  there is little access to capital  as banks are hesitant to lend to these firms. With a rocky road to accessing needed funds, gathering momentum to satisfy the countrys cross-border trade goal to $2.5 trillion wi <a href=https://www.stanleycups.cz>stanley hrnek</a> thin a decade may prove onerous 鈥?unless digital platforms help firms gain access to money they need to grow.  A lot of the turnaround time is eliminated in getting invoices where they need to go and getting paid.To that end, Tradeshift has formed a joint venture with Shenzhen XunLian Technology Development to offer supply chain financing. The
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