Purchase Order financing is gaining popularity as an innovative tool that allows companies to get cash advances from financiers against certain Purchase Orders. This allows the company which might be short on cash to borrow the funds required to purchase supplies required to manufacture goods rather than use their cash. Purchase Order financing differs from factoring or invoice financing in the sense that it provides...
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Managing International money transfers can prove to be challenging for some companies doing it for the first time. There are regulations, cost considerations, credit risk, etc. to consider while also ensuring that a trust-based relationship may eventually be established with the trading partner....
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Vendor Portal Benefits take many forms. Many people do not realize just how integrated a configurable a vendor portal will end up until they bring their team together and start to collect requirements. Also known as a Supplier Portal, they are web-based and genuine vendor management solutions that provide multiple benefits with an excellent opportunity to work and communicate with your vendors in a safe, secure,...
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Supplier Management Tips - How to achieve and maintain a business relationship with your suppliers and vendors, which is both successful and efficient? Here are some useful tips to help you with:...
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Enterprise portal software is not an easy thing to shop for. There are so many elements you’re required to consider, including among others reliability, efficiency, long-term costs, and finally the ease of use and further development....
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Supply Chain Finance was created to provide a reliable, quick and tailored financing solution that may be applied across a company's entire supply chain. How Supply Chain Finance differs from other traditional forms of financing is that it is usually in the shape of a consistent template that once structured, may be applied to all channel partners in an expedited fashion....
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Supplier Portal Software can be called many different things, but to me, the simplest way of defining it would be to say that it is a genuine on-demand supplier communication tool. Supplier Portal Software can be used to transfer and organize data or to facilitate transactions for both the Buyer and the Supplier...
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Invoice discounting is a popular and widely used tool for companies to better manage their cash flow positions. The basic concept of invoice discounting is that it allows a company to take a loan against its Accounts Receivables (AR) or unpaid sales invoices....
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Global Supply Chain Finance has made deep inroads in various parts of the world as a preferred method of funding international buyers and suppliers....
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Synchronized Vendor Master Management across your enterprise may seem like a true mission impossible. However, there are some tips that you can follow to easily turn your current process into a controlled and efficient best practice....
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