Protect your company’s reputation and revenue from the first time you engage with a supplier and throughout the supplier lifecycle.
Early payment programs can help both buying organizations and suppliers meet financial goals, but the buying organization first needs the capital to fund the program. With supply chain financing, your company can fully or partially fund an early payment program to support suppliers meet working capital requirements and strengthen their financial health.
With apexanalytix’s early payment program, you can have a third-party funder pay suppliers early and then you pay the full invoice amount on the original due date to the funder.
Most companies have strategic banking relationships which provide supply chain financing to strategic spend suppliers. For mid-tier and long-tail suppliers, apexanalytix has integrated our third-party funding partner The Interface Financial Group to easily access capital for an early payment program.
Simply flip a switch or set a threshold to turn the funding on or off for a seamless supplier experience.
Making your early payment program accessible and convenient while holding on to your working capital helps more suppliers take advantage of early payment offers and promotes better cash flow management for all parties involved.
Fund an early payment program anyway that you want: your own working capital, your current banking relationships, or our pre-integrated funder The Interface Financial Group.
Participating in dynamic discounting and supply chain financing strengthens your supply chain. It improves your relationships, which reduces the likelihood of a future supply chain disruption that could affect your operations.
Design multiple types of discount programs and offer them to some or all of your suppliers. Fund your own early payments or use integrated financing options on demand.
Integrate your bank into your discounting program and use third-party funding to make early payments to strategic suppliers. Your bank pays suppliers early. You pay the bank the full invoice amount on the original due date or later.
For mid-tier and long-tail suppliers, use our fully integrated, 100 percent digital solution from The Interface Financial Group. Flip a switch or set a threshold to turn funding on or off.
When a discount is accepted or financing is used, communicate directly with your ERP platform to change payment terms or payees. No manual effort is required.
Set up online auction marketplaces where suppliers compete for your early payment funds. You can set thresholds for automatically approving offers, rejecting them or sending them for review.
Pair Dynamic Discounting and Supply Chain Financing with other apexanalytix offerings to extend the value of your investment.
For mid-tier and long-tail suppliers, use our fully integrated, 100 percent digital solution from The Interface Financial Group.
Simply flip a switch or set a threshold to turn funding on or off.
Streamline your supplier onboarding process with a self-service portal that automatically validates supplier data and ensures compliance. Our touchless solution eliminates the time-consuming and error-prone manual onboarding tasks.
Remove the collection of data via email exchanges with a supplier-facing portal.
Best practice, pre-built supplier questionnaires in ethics, IT, financial standing, business continuity planning, and highly configurable templates.
1000+ trusted data sources to validate tax IDs, bank account, address, prohibited/PEP lists and more.
Integrate any P2P solution to simplify the admin and supplier experience.
Ensure compliance with highly configurable workflows that can be easily updated by the P2P team.
Bi-directional integration with every ERP to keep all data synced all the time.
Extend early payment offers to 100% of your suppliers– segmented for maximum adoption using our predictive analytics technology.
Our self-service portal with a single consolidated global view of invoice details across all ERPs and P2P systems.
Hundreds of product overviews, reports, customer-led webinars and on-demand product demos.
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