49 GT Nexus Testimonials

“GT Nexus has simplified tracking the movements of products and payment. We simply log on to the platform and right away we know the current status.”

“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.”

“The company made some big bets, and not at the most usual times. From a supply chain perspective, that’s a fun problem to have, to have to put these things together.”

"The devil will be in the process rather than in the incentive."

“The GT Nexus platform has helped provide transparency across our supply base on procurement spend-by-vendor. Although this sounds very basic, we can now retrieve this information in a matter of minutes versus in the past, when this was a very manual and time consuming process supported by numerous Excel spreadsheets and templates. Each quarter I get a report on spend-by-vendor and the relating trends. This information helps us make better decisions surrounding our strategic vendors and accompanying strategy.”

“Since joining the GT Nexus Platform, we have seen significant improvement in multiple facets of our operation. Cash flow consistency has been enhanced. We have achieved complete visibility with vendors and buyers through automated transactions on a shared platform. The payment security has been greatly improved through the system.”

"GT Nexus allows everyone to see and act on a common set of shared rate information and related transactions in the cloud."

“Visibility is an initiative that touches our finance, inventory control, merchants, distribution center, and logistics teams, so the domino effect of poor data is extensive.”

"Trade Xpress delivers a competitive advantage that allows us to increase sales and meet specific requirements from existing and new customers without straining our resources."

“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.”

"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 the supply chain partners."

“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 when sourcing from Bangladesh.”

“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."

“We rely on GT Nexus for payment settlement. By using GT Nexus to manage our supply chain, we have become more efficient in handling the shipping documents. Hence, manpower is saved. The accuracy of documentation has been improved.”

"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."