Infor Nexus Supply Chain Finance 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.

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Company Details

Company:
Infor
Year Founded:
2002
Headquarters:
United States
Website:
www.infor.com/products/supply-chain-management/supply-chain-finance

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Product Details

Platforms
Web-Based
Types of Training
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Live Training (Online)
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Live Rep (24/7)
Online Support

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