Traxpay Description

An essential factor in managing your working capital is the cash conversion cycle, which you should calculate based on your specific business operations. By analyzing this cycle, you can identify ways to enhance it, thereby improving your working capital through the optimization of various key performance indicators (KPIs). Our financing platform provides access to a comprehensive range of supply chain finance tools to help you refine your global procurement financing strategies. The Traxpay platform facilitates easy, fast, and secure connections with your suppliers and finance partners. Through digital forfaiting, you can quickly access additional liquidity by selling your trade receivables to financing partners without any recourse, ensuring you receive the full sale price immediately. Furthermore, our dynamic discounting feature gives your suppliers the flexibility to choose which invoices to expedite, allowing for better cash flow management—if they request earlier payment, they can enjoy a larger discount. This approach not only strengthens supplier relationships but also helps in maintaining a more robust cash conversion cycle.

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Company Details

Company:
Traxpay
Headquarters:
Germany
Website:
www.traxpay.com

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Product Details

Platforms
Web-Based
Types of Training
Training Docs
Webinars
In Person
Customer Support
Business Hours
Online Support

Traxpay Features and Options

Financial Services Software

Analytics
Branch Optimization
Channel Management
Compliance Management
Customer Engagement
Performance Management
Risk Management

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