Conserving liquidity, increasing cash visibility, and protecting the financial health of your suppliers can go a long way towards insulating yourself against a turbulent economic and financial landscape.
The right digital transformation can enable end-to-end automation, closer collaboration between stakeholders, and leverage on critical data and analytics. This, in turn, helps you achieve efficiencies in accounts payable, and create the building blocks for a smarter, more secure, and future-ready supply chain ecosystem.
TASConnect’s comprehensive digital solutions help you address multiple key focus areas for your payables: from managing multiple finance programmes for your supplier base, strengthening your relationships with upstream partners, to improving your own cashflow efficiencies and visibility.
For you - anchor buyer
- Unlocking new economic value by reducing COGS (Cost of Goods Sold)
- Improving working capital cycle
- Increasing liquidity and cashflow via bank-agnostic approach
- Achieving real-time visibility & control of end-to-end supply chain finance operations
- Improving efficiency in procurement cycle
- Data-led business analytics to drive financial planning and ESG agenda
For your suppliers
- Increased liquidity via bank-agnostic approach
- Reduced operating cost
- Simplified onboarding and submission processes
- Enhanced efficiency and transparency
Check out how your suppliers would be benefitted if they join your supplier finance programme on the TASConnect platform.
Supply chain financing will enable access, efficiency, and transparency to working capital. It ensures business continuity during this period of supply chain disruption.
William Ong
Group CFO and Executive Director
VSTECS Holdings Limited
