As encouraging and impressive as QuickPay and SupplierPay are, we think even more can be done. We challenge the rest of the Fortune 1000 to follow suit. There’s too much at stake not to have every leading enterprise aboard this mission. Today, companies can take it upon themselves to deliver the same value to suppliers and small businesses, with or without a government initiative.
Learn three steps can you take to relieve your suppliers of the constraints of long payment terms: http://bit.ly/1vbeK0U
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26 Is Not Enough: Obama's SupplierPay & Why It's Just the Beginning
1. IS NOT ENOUGH26 Obama’s SupplierPay & Why It’s Just the Beginning
2. WHAT IS SUPPLIER PAY? PAYING IN 15 DAYS
26
private companies pledged to provide their
small business suppliers with a working
capital solution by paying them faster 15— within days
3.
4. WHY IS SUPPLIER PAY SO IMPORTANT?
30-, 60-, and 90-day payment terms strangle small
suppliers, causing bankruptcy and preventing growth
and success.
5. Easier access to
cash on hand
Sustainable business growth
Hiring more workers
and staying in business
Getting paid
more quickly
means
6. TRADESHIFT CEO ON LOU DOBBS FOX
http://embed.vidyard.com/share/v1hG5J-lNQTH-ONdKJe4Sg
CC - find specific quote
7. THE PAY-DELAY CRISIS
Accelerating payments
to small businesses spurs economic
growth.Over $2 trillion
is locked in extended
payment terms.
8. SUPPLIERPAY HELPS:
Create jobs and help hard-working
Americans get ahead
Strengthen small businesses by
increasing their working capital
Reinvigorate supply chains, making
them more resilient
9. But paying early is just the first step
in acting responsibly toward your
suppliers.
11. THE POWER OF THE PLATFORM
Our platform empowers enterprises to work
more easily and productively with their
supplier network, anywhere in the world.
12. WE SUPPLIERS
The Tradeshift platform was built
with suppliers in mind.
We deliver free electronic invoicing,
faster payments, and predictable
cash flow.
13. TRADESHIFT PROMOTES SUPPLIER RESPONSIBILITY
EASY VENDOR
MANAGEMENT
FULL SUPPLIER
PARTICIPATION
EARLY PAYMENT
SOLUTIONS
● Validate supplier
information and ensure
ethical business
practices
● Easily maintain and
promote supplier
diversity
● Tradeshift is free to
suppliers
● Collaborative Workflow
promotes visibility and
communication
● Dynamic Discounting
● Supply Chain Finance
14. WHY SHOULD YOU CARE ABOUT YOUR SUPPLIERS?
Business is not a zero-sum game.
your suppliers your business
Healthy suppliers are essential for your business.
15. BENEFITS OF TREATING YOUR SUPPLIERS WELL
YOUR SUPPLIERS YOUR BUSINESS
Gain more capital to invest
in new opportunities,
new equipment, and
new hiring.
Gains a stronger and more
reliable supply chain,
competitive pricing, and more
financially stable suppliers.
16. TRADESHIFT’S BALANCED VALUE PROPOSITION
Supplier
Buyer
Communicate and collaborate
with buyers
Discover new opportunities
through our network
Early payment solutions
Free. No e-invoicing fees, ever
Communicate and collaborate
with suppliers
Innovate beyond invoicing on top
of an open platform
Receive discounts on invoices
Reduce cost and friction for your
entire supply chain
17. GET ON BOARD
Keep the conversation going.
Email CEO Christian Lanng at
c.lanng@tradeshift.com to learn more.
#26isnotenough