- Supply chain is a network of facilities and distribution options that performs the functions of procurement of materials, transformation of these materials into intermediate and finished products, and the distribution of these finished products to customers. Supply chains exist in both service and manufacturing organizations, although the complexity of the chain may vary greatly from industry to industry and firm to firm.
Supply Chain Finance is the next wave of cost improvement for organizations. More than two-thirds of companies are investigating or putting in place Supply Chain Finance programs to improve financial metrics and lower end-to-end costs. (Source: Aberdeen Group)
New innovations in trade finance, supplier payment terms, and invoice automation are helping early adopters gain a strategic advantage.
Factors like:
- Improvement of payment terms
- Reduction in end to end cost
- Improvement in cash flow
- Building up a lower risk supply chain
- Condensing transactions’ life cycle
Have become needs of the day for any organization to increase internal operational efficiencies and to enhance the working capital efficiency.
- Tangent is introducing for the first time in India, CashCow+®, a Multi Party Electronic Settlement Solution in the Supply Chain Financing (SCF).
It is a unique payments approach that integrates multiple parties to provide a very comprehensive solution and that enables businesses to expand into new arenas by leveraging new payment processes that are better, faster and economical.
Every application we develop, every challenge we embrace, every investment in new resources, every recommendation we make - is dedicated to one goal:
"To provide exciting, innovative, best of the breed products and solutions and help our customer leverage on our technological competency to enhance their profits."
We'll achieve this by focusing on the intersection of our clients' emerging needs and the acceleration of business and technological change. Our commitment to innovation keeps us focused on the future and being ready at every level to service change.
Tangent has deep technology expertise across a wide range of competencies. We are very quick to adapt and imiplement any new technology.
Our flexibility, responsiveness, ownership and the assurance that we will never let you down is core to our delivery model.
Our people are proud to be a part of Tangent and work hard to contribute to our stellar service reputation.
