Average Ratings 0 Ratings
Average Ratings 0 Ratings
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
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