TAS Connect ( Supply Chain And Finance)

In today’s interconnected world, the intersection of supply chain management and finance has become increasingly vital. As financial transactions are integral components of supply chains, safeguarding sensitive data against cyber threats is crucial. With the evolution of digital technologies, cybersecurity has emerged as a formidable shield, protecting financial data across complex networks. This blog explores the protection of financial data within supply chains, delving into the mechanisms and innovations that ensure security. Financial Data in Supply Chains Financial data in supply chains is a critical element that drives the operational and strategic decisions of businesses. This data encompasses various financial transactions involved between the buy side (purchasers) and sell side (suppliers) including payments, credit terms, invoicing, and the management of working capital. Financial operations such as factoring and reverse factoring also play significant roles, providing sol...

In today's fast-paced world of digital trade and supply chain , managing cash flow efficiently is a paramount concern for businesses. Delayed payments, complex financial transactions, and a lack of transparency can all hinder the smooth flow of capital within the supply chain . However, there's a transformative solution on the horizon - real-time payments. In this blog, we will explore the dynamic landscape of real-time payments in the context of supply chain finance , shedding light on how this innovative technology is reshaping the industry and propelling businesses forward. The Need for Speed in Supply Chain Finance In the realm of supply chain finance, time is money - quite literally. Businesses operating within global digital trade and supply chains often grapple with the challenges of delayed payments and complex financial transactions. These issues can lead to disruptions in the entire supply chain ecosystem, affecting suppliers, buyers, and financial institutions alike...

  The role of autonomous technology has been growing in importance as companies have begun to build networked supply chains that can anticipate demand, react quickly to changing conditions and operate more efficiently. In the past year, we’ve seen a dramatic rise in the adoption of autonomy in supply chains. Autonomous robots are now commonplace in the manufacturing sector, especially for discrete process and final assembly operations. However, this is just the beginning of the adoption curve. In our latest research report “The future of autonomous technology: How enterprises will accelerate the adoption of connected and autonomous supply chains” we zoom in on how enterprises will continue accelerating the adoption of connected and autonomous supply chains over the next three years. Technology Transforming Supply Chain Finance for Small and Medium Enterprises The supply chain financing industry is expanding steadily. However, there has been a shift toward automation and digitalizat...

  Managing a business's working capital needs with its suppliers is at the core of every successful Supply chain finance program. It benefits both parties , buyers and suppliers. Buyers are generally focused on extending their days' payables outstanding ( DPO) . At the same time, suppliers would prefer to get paid as soon as possible to minimize the number of days sales are overdue (DSO). This dilemma can be resolved through supply chain financing, which offers buyers and suppliers several advantages.     By allowing the customer to extend its payables and simultaneously accelerate payment to the supplier, fintech businesses help both the buyer and supplier increase their working capital. Both parties gain from this, as there is more liquidity and less fluctuation in the timing of payments. With SCF, buyers consent to give a bank or other external financier permission to finance their suppliers' bills leveraging buyers’ credit worthiness . Additionally, SCF offers...