If you want...

to maximise supplier
cash discounts,

maintain payment terms

and save on AP costs
all thru your existing bank...

 

then you need

$5m-£50m annual
buy-side savings
Fast, low cost
set-up
Secure integration
to your Bank
Real Cash, Real
Bank Accounts
No change to
payment schedules
Easy access for
Suppliers

Industrial strength
STP
tapX™ - the payment and payables discounting factory

tapX™ uses proven banking technology to allow Major Corporates and their Banks to provide Suppliers with low-cost discounting of trade payables/receivables and automate payment execution, remittance advice delivery and supplier query handling.

With tapX™, Corporates can extend payment terms, or take a share in the discounting benefits, while accelerating Suppliers' cash flow. By tapping liquidity locked up in purchase invoices, tapX™ generates annual benefits for Corporates of $5m-$50m.

tapX™'s processing engine, CASHFAC Virtual Bank Technology®, is already used by major banks to provide in-house banking to Stockbrokers, Pension & Trust fund administrators.