“...we contacted their retail clients to verify whether the story was as good as we had been told. It was better.”

"We needed to manage and really understand what’s going on with our external trading 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 …

“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.”

“There are very limited avenues to get finances. It is very helpful when buyers extend supply chain finance arrangements which enable exporters to get fund at optimum cost and rotate money faster.”

"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 …

"IFC provides suppliers in emerging economies with access to competitively priced financing through our Global Trade Supplier Finance (GTSF) program. This allows program members to sell invoices to IFC for early payment on a “true sale” non-recourse basis at rates based on their customer’s credit rating."

"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."

“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.”

"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."

“GT Nexus has helped bring our international transportation management into the 21st Century. We didn’t have to pay upfront and install a huge system before knowing if it was the right thing for us. And, we saw a significant reduction in our ocean transportation spend within even the first year.”

"We believe cloud represents the future of business to business technology and selected GT Nexus to help us get there."

"GT Nexus simplifies the way we manage global commerce and allows us to work in a transparent, efficient environment."

“The entire supply chain network has become easily accessible to all parties in the chain. The automation of transactions helps to reduce processing time and labor costs.”