49 GT Nexus Testimonials

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  • “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."

  • "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."

  • "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."

  • “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.”

  • "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 the platform."

  • "If a style or colour takes off, we will be better able to expedite it if we know what stage the factory floor is at."

  • "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 days.”

  • “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.”

  • "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."

  • “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.”

  • "Through scalable cloud-based supply chain management technologies such as UPS Order Watch, our new cloud-based solution powered by GT Nexus, companies are not only able to streamline management of vendors, but also manage all of their inbound shipments via a single platform."