Opportunities and obstacles for large Corporates
Get $5m-$50m of Buy-side benefits
Benefits for Buyer, Supplier and Bank

 
“How can we simplify and automate
the Accounts Payables cycle to
maximise both processing savings &
cash discounts on prompt payments,
without affecting cashflow?”
Ever thought that early visibility of
approved purchase invoices could be
worth a lot to you and your Suppliers?
...Or wondered how to maximise
Supplier cash discounts by leveraging
the big credit-rating differential between
you and your Suppliers?
Concerned about the high costs involved
in handling Supplier invoice queries and
sending out remittance advices?
...And not prepared to wait for the
re-engineering benefits of implementing
Electronic Invoice Presentment across
your Supplier base?
 
“tapX™ delivers major benefits,
both ahead of full-scale integration
of Electronic Invoice Presentment
solutions and by enriching these
solutions with an automated
payment & payables discounting
capability”
tapX™uses proven banking technology
to allow Major Corporates and their
Banks to:

- risk enhance the credit-rating of
approved Supplier invoices

- 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 Buy-side benefits of $5-$50m
 

tapX™ delivers major
benefits, fast to:

You, the Large
Corporate Buyer
Your Suppliers
And your Bank
Click chart to view larger version

Who gets what...

Buyer
$5m-$50m of annual benefits from
capturing payment discounts and AP
operational savings
Enhanced ability to maintain/standardise
payment terms to ease cash-flow
pressures
Fast, low-cost set-up with low
maintenance and high levels of Supplier
adoption
 
Supplier
Low cost, accelerated payments
More accurate cash forecasting and
easier receivables reconciliation
Easy to use and integrate, facilitating
high levels of adoption
Bank
Risk-enhancement and automation of all
transactional admin, enabling:

- More competitive discounting rates,
and,

- Reward-share for Buyer, for providing
early visibility of approved purchase
invoices and,

- High Risk-Adjusted-Returns		 Complements Bank’s existing invoice
discounting business, allowing growth of
new supplier financing opportunities thru
Large Corporate relationships
Full asset accounting for securitization,
increasing bank’s financing capacity
Simple, low-cost set-up