Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

Risks associated with capital are crucially linked to the well-being of supply chains. Numerous suppliers face difficulties due to price fluctuations and extended payment periods. Addressing the necessity to optimize working capital is vital for achieving business success. By adopting a connected strategy that encompasses buyers, suppliers, and financial providers, organizations can leverage data to introduce innovative financing solutions that enhance working capital availability while benefiting all participants. This approach allows suppliers to access cash at more favorable terms, while buyers can ease the burdens in their supplier interactions. Consequently, the entire supply chain thrives within a collaborative and healthy framework. By implementing invoice discounting programs for suppliers, businesses can increase their cash returns and decrease their cost of goods. Furthermore, offering these programs at rates that are lower than what suppliers would typically pay for borrowing can help minimize capital expenses, secure a reliable supply, and lead to reduced overall costs in production. This holistic approach not only strengthens relationships but also promotes sustainable growth across the supply chain.

Description

The acceleration of digital transformation is evident as organizations strive to implement optimal digital tools that enhance their resilience and prepare them for future obstacles. RekoChain, a cloud-based platform, is tailored to meet the specific demands of various enterprises. This intelligent collaboration portal, which leverages Blockchain technology and artificial intelligence, seamlessly connects buyers, suppliers, third-party logistics providers, and financial institutions within a single business ecosystem. As a fully automated system, it empowers companies to oversee essential supply chain operations, from sourcing to financing, thereby ensuring control, compliance, and agility throughout the value chain. This is achieved by facilitating instant communication and collaboration, no matter where the users are located. Additionally, RekoChain offers support for supplier financing through its dedicated modules for invoice, trade, and commodity financing. Developed by Intelizest, RekoChain stands out as a unique solution in our portfolio, aimed at revolutionizing supply chain management and fostering a more connected business environment. With its innovative approach, RekoChain not only streamlines processes but also enhances overall operational efficiency.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Infor

Founded

2002

Country

United States

Website

www.infor.com/products/supply-chain-management/supply-chain-finance

Vendor Details

Company Name

RekoChain

Country

Singapore

Website

www.rekochain.com

Product Features

Alternatives

Alternatives

Modern Distribution Reviews

Modern Distribution

Sonata Software