26 Is Not Enough: Obama's SupplierPay & Why It's Just the Beginning
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Transcript of 26 Is Not Enough: Obama's SupplierPay & Why It's Just the Beginning
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R 161G 161B 161IS NOT ENOUGH26
Obama’s SupplierPay & Why It’s Just the Beginning
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R 54G157B 215
R 0G114B 176
R 123G193B 77
R 235G18B 89
R 43G 43B 43
R 161G 161B 161
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
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R 54G157B 215
R 0G114B 176
R 123G193B 77
R 235G18B 89
R 43G 43B 43
R 161G 161B 161
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R 54G157B 215
R 0G114B 176
R 123G193B 77
R 235G18B 89
R 43G 43B 43
R 161G 161B 161
WHY IS SUPPLIER PAY SO IMPORTANT?
30-, 60-, and 90-day payment terms strangle smallsuppliers, causing bankruptcy and preventing growth and success.
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R 0G114B 176
R 123G193B 77
R 235G18B 89
R 43G 43B 43
R 161G 161B 161
Easier access to cash on hand
Sustainable business growth
Hiring more workers and staying in business
Getting paid more quickly
means
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R 0G114B 176
R 123G193B 77
R 235G18B 89
R 43G 43B 43
R 161G 161B 161
TRADESHIFT CEO ON LOU DOBBS FOX
http://embed.vidyard.com/share/v1hG5J-lNQTH-ONdKJe4Sg
CC - find specific quote
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R 0G114B 176
R 123G193B 77
R 235G18B 89
R 43G 43B 43
R 161G 161B 161
THE PAY-DELAY CRISIS
Accelerating payments to small businesses spurs economic growth.Over $2 trillion
is locked in extended payment terms.
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R 54G157B 215
R 0G114B 176
R 123G193B 77
R 235G18B 89
R 43G 43B 43
R 161G 161B 161
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
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R 0G114B 176
R 123G193B 77
R 235G18B 89
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R 161G 161B 161
But paying early is just the first step in acting responsibly toward your suppliers.
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R 0G114B 176
R 123G193B 77
R 235G18B 89
R 43G 43B 43
R 161G 161B 161
Tradeshift Values
Tradeshift brings all companies, big and small, together to transact, connect and collaborate with each other.
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R 0G114B 176
R 123G193B 77
R 235G18B 89
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THE POWER OF THE PLATFORM
Our platform empowers enterprises to work more easily and productively with their
supplier network, anywhere in the world.
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WE SUPPLIERS
The Tradeshift platform was built with suppliers in mind. We deliver free electronic invoicing, faster payments, and predictable cash flow.
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R 0G114B 176
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R 235G18B 89
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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
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R 54G157B 215
R 0G114B 176
R 123G193B 77
R 235G18B 89
R 43G 43B 43
R 161G 161B 161
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.
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R 54G157B 215
R 0G114B 176
R 123G193B 77
R 235G18B 89
R 43G 43B 43
R 161G 161B 161
BENEFITS OF TREATING YOUR SUPPLIERS WELL
YOUR SUPPLIERS YOUR BUSINESS
Gain more capital to invest in new opportunities, new equipment, andnew hiring.
Gains a stronger and more reliable supply chain, competitive pricing, and more financially stable suppliers.
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R 54G157B 215
R 0G114B 176
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R 235G18B 89
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TRADESHIFT’S BALANCED VALUE PROPOSITION
SupplierBuyer
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
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R 0G114B 176
R 123G193B 77
R 235G18B 89
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GET ON BOARD
Keep the conversation going.
Email CEO Christian Lanng at [email protected] to learn more. #26isnotenough