26 is not enough: obama's supplierpay & why it's just the beginning
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As encouraging and impressive as QuickPay and SupplierPay are, we think even more can be done. We challenge the rest of the Fortune 1000 to follow suit. There’s too much at stake not to have every leading enterprise aboard this mission. Today, companies can take it upon themselves to deliver the same value to suppliers and small businesses, with or without a government initiative. Learn three steps can you take to relieve your suppliers of the constraints of long payment terms: http://bit.ly/1vbeK0UTRANSCRIPT
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R 161G 161B 161IS NOT ENOUGH26
Obama’s SupplierPay & Why It’s Just the Beginning
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WHAT IS SUPPLIER PAY? PAYING IN 15 DAYS
26 private companies pledged to provide their small business suppliers with a working capital solution by paying them faster 15 — within days
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WHY IS SUPPLIER PAY SO IMPORTANT?
30-, 60-, and 90-day payment terms strangle smallsuppliers, causing bankruptcy and preventing growth and success.
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Easier access to cash on hand
Sustainable business growth
Hiring more workers and staying in business
Getting paid more quickly
means
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TRADESHIFT CEO ON LOU DOBBS FOX
http://embed.vidyard.com/share/v1hG5J-lNQTH-ONdKJe4Sg
CC - find specific quote
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THE PAY-DELAY CRISIS
Accelerating payments to small businesses spurs economic growth.Over $2 trillion
is locked in extended payment terms.
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SUPPLIERPAY HELPS:
Create jobs and help hard-working Americans get ahead
Strengthen small businesses by increasing their working capital
Reinvigorate supply chains, making them more resilient
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But paying early is just the first step in acting responsibly toward your suppliers.
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Tradeshift Values
Tradeshift brings all companies, big and small, together to transact, connect and collaborate with each other.
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THE POWER OF THE PLATFORM
Our platform empowers enterprises to work more easily and productively with their
supplier network, anywhere in the world.
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WE SUPPLIERS
The Tradeshift platform was built with suppliers in mind. We deliver free electronic invoicing, faster payments, and predictable cash flow.
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TRADESHIFT PROMOTES SUPPLIER RESPONSIBILITY
EASY VENDOR MANAGEMENT
FULL SUPPLIER PARTICIPATION
EARLY PAYMENT SOLUTIONS
● Validate supplier information and ensure ethical business practices
● Easily maintain and promote supplier diversity
● Tradeshift is free to suppliers
● Collaborative Workflow promotes visibility and communication
● Dynamic Discounting
● Supply Chain Finance
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WHY SHOULD YOU CARE ABOUT YOUR SUPPLIERS?
Business is not a zero-sum game.
your suppliers your business
Healthy suppliers are essential for your business.
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BENEFITS OF TREATING YOUR SUPPLIERS WELL
YOUR SUPPLIERS YOUR BUSINESS
Gain more capital to invest in new opportunities, new equipment, andnew hiring.
Gains a stronger and more reliable supply chain, competitive pricing, and more financially stable suppliers.
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TRADESHIFT’S BALANCED VALUE PROPOSITION
SupplierBuyer
Communicate and collaborate with buyers
Discover new opportunities through our network
Early payment solutions
Free. No e-invoicing fees, ever
Communicate and collaborate with suppliers
Innovate beyond invoicing on top of an open platform
Receive discounts on invoices
Reduce cost and friction for your entire supply chain
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GET ON BOARD
Keep the conversation going.
Email CEO Christian Lanng at [email protected] to learn more. #26isnotenough