49 GT Nexus Testimonials

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  • "What GT Nexus has done is to bridge the gap and now we are able to interface with our external partners. Most of our suppliers have been very happy with the GT Nexus platform and how we have helped them. It is a win-win situation for both of us and …

  • “We joined GT Nexus in 2009 and now over 90 percent of our customers transact on the GT Nexus platform. The efficiency in the transaction process has improved significantly. We have achieved better control in the timing, system control and system validation.”

  • “Now we use all services available on the platform, from shipment to payment, including invoice discounting. Approximately, on average more than US$3 million worth of transactions is handled through GT Nexus every month.”

  • "As the establishment of our fifth factory was in progress, the capital investment credit with SBI was not sufficient. We needed some additional funds. We therefore decided to go with the invoice discounting program wherein we received funds in 5 to 7 days at a reasonable cost instead of 30 …

  • “One of the key things we were looking for— right off the bat—was adding value through reducing complexity and being able to streamline some of our core processes."

  • “GT Nexus connects our whole supply chain network and ensures everyone is working from the same data at all times. Workflow automation and financial services on the GT Nexus network allow us and our suppliers to reduce costs and increase speed and efficiency.”

  • "In projects like this where you are dealing with important data, the people and support are just as important, if not more important than the technology."

  • "The Suppliers love GT Nexus because now they have visibility to when they’re going to get paid and they know they are going to get paid on time. This also has helped us in negotiations back and forth on pricing because they know they’re going to get their cash through …

  • "By providing accurate ETA status in the cloud through GT Nexus, our importers and affiliates now have access to the information they need to operate smoothly."

  • "RTS has the ability to provide unique solution-driven funding via the platform. RTS provides both recourse and non-recourse funding directly to vendors at various points in the transaction cycle."

  • “By adopting the Supplier Financing program, Tata Accesorios Globales gets paid faster at better terms and no longer endures high borrowing costs and hidden fees imposed by local banks.”

  • "With GT Nexus we have an information platform which gives us a level of transparency needed to give better service to our customers."

  • “Connecting our trading partners on one global network with automated documents and workflows will improve communication from order through settlement. GT Nexus allows us to handle sourcing in-house and manage by exception, reducing costs and minimizing errors. Access and connectivity through the platform allows us to eliminate letters of credit …

  • "We would have never been able to grow from where we were to where we are today without the use of this trade settlement system."

  • “We had to get visibility. You can’t make network decisions if you don’t have it.”