“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 name of the game is money, and when you get your money before you expect it, it’s priceless."
“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.”
"For Pfizer being agile and flexible is paramount. Cloud-based was a way to have a plug and play strategy where we could be adaptive and flexible. We wanted a platform that was scalable and could rapidly respond to those different changes."
"We needed to manage and really understand what’s going on with our external trading partners."
"GT Nexus simplifies the way we manage global commerce and allows us to work in a transparent, efficient environment."
"GT Nexus comes with a pre-connected community of industry providers who are already active on the platform supporting other large shippers. That is a significant advantage."
"The GT Nexus software allows for a balcony view of the status of shipments and payments. Suppliers are clear... we’re clear. And payment is executed on time."
"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."
"We can better manage cash flow using the early payment service. We avoid chargebacks and receive payment within days instead of waiting a full month."
“As we grow we need to keep our organization lean and efficient so that our customer response time does not suffer. By implementing GT Nexus we improved visibility and process flow, which enabled us to manage our growth effectively. We partner with our vendors to run a supply chain that is focused on putting high quality product where it is supposed to be and at the right time.”
"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."
"We have automated the highly complex coordination of inventory movement in the cloud where our entire network of supply chain partners all work against a single information set. That is the only way you can run an agile supply chain."
“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.”
“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.”