Revolutionising Lenovo's Supply Chain Finance with TASConnect
At TASConnect, we partnered with Lenovo to develop a custom-built supply chain finance platform, designed to meet Lenovo’s specific needs and challenges. The platform incorporates cutting-edge technology to streamline processes, boost efficiency, and provide unparalleled transparency, enabling Lenovo to scale their operations globally.
Automated Financing for Enhanced Efficiency and Scalability
TASConnect’s platform automates both accounts receivable and accounts payable financing, drastically reducing manual efforts. This automation accelerates processing times and unlocks scalability, allowing Lenovo to handle increasing volumes of transactions with ease.
Dynamic Discounting and Top-up Pricing for Optimised Yields
To enhance revenue opportunities, the platform introduces dynamic discounting and top-up pricing functionalities. Lenovo can now offer early payment discounts or price adjustments based on real-time market dynamics, unlocking additional revenue streams while enhancing overall yield.
Customised Workflows for Seamless Integration and Control
One of the most critical aspects of the solution is its flexibility. TASConnect designed customised workflows that seamlessly integrate into Lenovo’s existing business arrangements. This customisation ensures that Lenovo retains complete control over their supply chain finance operations, improving both adaptability and efficiency.
Transparent Digital Pricing Discovery
The platform also features digital pricing discovery, providing a transparent, real-time view of the market. This empowers Lenovo to consistently secure the most competitive pricing, optimising their procurement and financing activities.
Empowering Suppliers Through a Unified Portal
Suppliers can now benefit from a dedicated supplier portal, which gives them faster access to cash flow, quicker collections, and real-time invoice-level information. This transparency strengthens supplier relationships and enhances Lenovo’s overall supply chain stability.
Advanced Analytics and Reporting for Informed Decision Making
TASConnect’s platform provides Lenovo’s treasury with customised dashboards, reporting, and analytics. These tools enable the treasury team to make informed, data-driven decisions, optimizing cash flow management and ensuring that Lenovo maintains its competitive edge.
By aligning cutting-edge technology with Lenovo’s operational requirements, TASConnect has delivered a platform that not only increases efficiency and scalability but also enhances Lenovo’s overall financial agility in an increasingly dynamic global market.