Traxpay Dynamic Financing Platform 2017-11-11T22:18:21+00:00

The Traxpay Dynamic Financing Platform℠

The Traxpay
Dynamic Financing Platform℠

Banks are at the center of huge trade networks. Non-FI players are aggressively targeting this market; many are intent on marginalizing banks’ involvement in financing these supply chains.

Traxpay’s approach is different.

Banks are at the center of huge trade networks. Non-FI players are aggressively targeting this market; many are intent on marginalizing banks’ involvement in financing these supply chains.

Traxpay’s approach is different.

The Traxpay Relationship Nework

WE PARTNER WITH BANKS. Our multi-award-winning Dynamic Financing Platform℠ enables them to offer an all-encompassing suite of digital products: on- and off-balance sheet options which let large ‘Buyer’ clients provide a supply chain financing/reverse factoring program to their Suppliers, or to benefit from discounts in return for early payment. Other forms of factoring can be facilitated too, via third-party financiers if the partner bank wishes.

At the heart of the platform is a Traxpay-created plug-in to the Buyer’s ERP system — installed simply, safely and unobtrusively (compatible with SAP, Oracle e-Business Suite, JD Edwards EnterpriseOne, Microsoft Dynamics, Infor, and Epicor along with others, on demand). This allows all financing decisions to be based upon approved invoices, and for the bank to benefit from “big data” that it would not normally see. Much more information is associated with the invoice than would normally be included in a payment: this helps not only the bank, but also the Supplier, who benefits from access to detailed remittance data in a variety of formats.

The Traxpay Dynamic Financing Platform℠ helps banks further strengthen their key client relationships, and provide financing solutions to a multitude of Suppliers without having to sell through traditional channels. Revenue is derived from the subscriptions fees that Suppliers pay to access the platform, on top of financing spreads.

Traxpay’s APIs make for easy integration with banking partners, enabling the fast and secure flow of data, and of decisions based on that data. In addition, Traxpay continues to embrace new technologies, including use cases for distributed ledger and blockchain.

LEARN MORE

WE PARTNER WITH BANKS. Our multi-award-winning Dynamic Financing Platform℠ enables them to offer an all-encompassing suite of digital products: on- and off-balance sheet options which let large ‘Buyer’ clients provide a supply chain financing/reverse factoring program to their Suppliers, or to benefit from discounts in return for early payment. Other forms of factoring can be facilitated too, via third-party financiers if the partner bank wishes.

At the heart of the platform is a Traxpay-created plug-in to the Buyer’s ERP system — installed simply, safely and unobtrusively (compatible with SAP, Oracle e-Business Suite, JD Edwards EnterpriseOne, Microsoft Dynamics, Infor, and Epicor along with others, on demand). This allows all financing decisions to be based upon approved invoices, and for the bank to benefit from “big data” that it would not normally see. Much more information is associated with the invoice than would normally be included in a payment: this helps not only the bank, but also the Supplier, who benefits from access to detailed remittance data in a variety of formats.

The Traxpay Dynamic Financing Platform℠ helps banks further strengthen their key client relationships, and provide financing solutions to a multitude of Suppliers without having to sell through traditional channels. Revenue is derived from the subscriptions fees that Suppliers pay to access the platform, on top of financing spreads.

Traxpay’s APIs make for easy integration with banking partners, enabling the fast and secure flow of data, and of decisions based on that data. In addition, Traxpay continues to embrace new technologies, including use cases for distributed ledger and blockchain.

LEARN MORE

WE PARTNER WITH BANKS.

Our multi-award-winning Dynamic Financing Platform℠ enables them to offer an all-encompassing suite of digital products: on- and off-balance sheet options which let large ‘Buyer’ clients provide a supply chain financing/reverse factoring program to their Suppliers, or to benefit from discounts in return for early payment. Other forms of factoring can be facilitated too, via third-party financiers if the partner bank wishes.

At the heart of the platform is a Traxpay-created plug-in to the Buyer’s ERP system — installed simply, safely and unobtrusively (compatible with SAP, Oracle e-Business Suite, JD Edwards EnterpriseOne, Microsoft Dynamics, Infor, and Epicor along with others, on demand). This allows all financing decisions to be based upon approved invoices, and for the bank to benefit from “big data” that it would not normally see. Much more information is associated with the invoice than would normally be included in a payment: this helps not only the bank, but also the Supplier, who benefits from access to detailed remittance data in a variety of formats.

The Traxpay Dynamic Financing Platform℠ helps banks further strengthen their key client relationships, and provide financing solutions to a multitude of Suppliers without having to sell through traditional channels. Revenue is derived from the subscriptions fees that Suppliers pay to access the platform, on top of financing spreads.

Traxpay’s APIs make for easy integration with banking partners, enabling the fast and secure flow of data, and of decisions based on that data. In addition, Traxpay continues to embrace new technologies, including use cases for distributed ledger and blockchain.

LEARN MORE