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26 Is Not Enough: Obama's SupplierPay & Why It's Just the Beginning


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As encouraging and impressive as QuickPay and SupplierPay are, we think even more can be done. We challenge the rest of the Fortune 1000 to follow suit. There’s too much at stake not to have every leading enterprise aboard this mission. Today, companies can take it upon themselves to deliver the same value to suppliers and small businesses, with or without a government initiative.

Learn three steps can you take to relieve your suppliers of the constraints of long payment terms:

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26 Is Not Enough: Obama's SupplierPay & Why It's Just the Beginning

  1. 1. IS NOT ENOUGH26 Obama’s SupplierPay & Why It’s Just the Beginning
  2. 2. WHAT IS SUPPLIER PAY? PAYING IN 15 DAYS 26 private companies pledged to provide their small business suppliers with a working capital solution by paying them faster 15— within days
  3. 3. WHY IS SUPPLIER PAY SO IMPORTANT? 30-, 60-, and 90-day payment terms strangle small suppliers, causing bankruptcy and preventing growth and success.
  4. 4. Easier access to cash on hand Sustainable business growth Hiring more workers and staying in business Getting paid more quickly means
  5. 5. TRADESHIFT CEO ON LOU DOBBS FOX CC - find specific quote
  6. 6. THE PAY-DELAY CRISIS Accelerating payments to small businesses spurs economic growth.Over $2 trillion is locked in extended payment terms.
  7. 7. SUPPLIERPAY HELPS: Create jobs and help hard-working Americans get ahead Strengthen small businesses by increasing their working capital Reinvigorate supply chains, making them more resilient
  8. 8. But paying early is just the first step in acting responsibly toward your suppliers.
  9. 9. Tradeshift Values Tradeshift brings all companies, big and small, together to transact, connect and collaborate with each other.
  10. 10. THE POWER OF THE PLATFORM Our platform empowers enterprises to work more easily and productively with their supplier network, anywhere in the world.
  11. 11. WE SUPPLIERS The Tradeshift platform was built with suppliers in mind. We deliver free electronic invoicing, faster payments, and predictable cash flow.
  12. 12. TRADESHIFT PROMOTES SUPPLIER RESPONSIBILITY EASY VENDOR MANAGEMENT FULL SUPPLIER PARTICIPATION EARLY PAYMENT SOLUTIONS ● Validate supplier information and ensure ethical business practices ● Easily maintain and promote supplier diversity ● Tradeshift is free to suppliers ● Collaborative Workflow promotes visibility and communication ● Dynamic Discounting ● Supply Chain Finance
  13. 13. WHY SHOULD YOU CARE ABOUT YOUR SUPPLIERS? Business is not a zero-sum game. your suppliers your business Healthy suppliers are essential for your business.
  14. 14. BENEFITS OF TREATING YOUR SUPPLIERS WELL YOUR SUPPLIERS YOUR BUSINESS Gain more capital to invest in new opportunities, new equipment, and new hiring. Gains a stronger and more reliable supply chain, competitive pricing, and more financially stable suppliers.
  15. 15. TRADESHIFT’S BALANCED VALUE PROPOSITION Supplier Buyer Communicate and collaborate with buyers Discover new opportunities through our network Early payment solutions Free. No e-invoicing fees, ever Communicate and collaborate with suppliers Innovate beyond invoicing on top of an open platform Receive discounts on invoices Reduce cost and friction for your entire supply chain
  16. 16. GET ON BOARD Keep the conversation going. Email CEO Christian Lanng at to learn more. #26isnotenough