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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
XFACTOR VERIFIED is a platform designed for evaluating supply chain security and compliance. It examines the entire supply chain, including both clients and suppliers, in relation to the standards that regulators and customs authorities prioritize for audits, such as C-TPAT, PIP, AEO, Bill S-211, ESG, and GFSI. The Morpheus System facilitates supplier due diligence and implements the founder's 5-Step risk assessment process across all suppliers, compiling findings, recommended corrective measures, and readiness for programs in a single report. The pricing structure is transparent, with flat rates per supply chain of $8,888, $12,500, or $26,888 CAD. Developed by Mandy-Lynn Aitken, a seasoned supply chain professional with three decades of experience and the author of Chain Disruption, VERIFIED serves as the flagship offering within a broader suite that includes COMMANDCENTER, VALIDATED, and VANTAGE. Additionally, the company produces the S-211 Report Card, which represents the inaugural assessment of Canada’s forced labour disclosures, with 92 filings evaluated and a median score of 50.5 out of 100. This innovative approach not only enhances compliance but also promotes transparency in supply chain operations.
API Access
Has API
API Access
Has API
Screenshots View All
No images available
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
$8,888 CAD flat per suppl
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
XFACTOR VERIFIED
Founded
2024
Country
Canada
Website
www.xfactorverified.com
Product Features
Product Features
Compliance
Archiving & Retention
Artificial Intelligence (AI)
Audit Management
Compliance Tracking
Controls Testing
Environmental Compliance
FDA Compliance
HIPAA Compliance
ISO Compliance
Incident Management
OSHA Compliance
Risk Management
Sarbanes-Oxley Compliance
Surveys & Feedback
Version Control
Workflow / Process Automation