Kurt Cavano: Paperless trade and payments - How are global companies doing it?

Kurt Cavano
Chairman and CEO
TradeCard

Presentation: Paperless trade and payments - How are global companies doing it?

About TradeCard

TradeCard, the leading Financial Supply Chain services provider, is revolutionizing global trade with a web-based platform that automates the financial processes in supply chains that have been plagued with decades-old paper-based solutions. By using TradeCard, buyers and sellers can manage their transactions with complete visibility to initial orders through final settlements.  TradeCard’s global network of partners provides additional automated services on the platform including supply chain financing, credit protection, money movement and inspection.  In addition to process improvements, customers realize immediate cost savings, optimized cash flow, reduced reliance on credit lines and improved supply chain relationships.

Automation of financial processes on a web-based platform removes paper and provides complete visibility into the status of a transaction for all authorized parties. This visibility is the prerequisite for companies to optimize their cash flow and working capital management and to liberate the US$260M (Killen & Associates) in cash that are currently sitting idle in supply chains.  Wolverine Worldwide, the manufacturer of Hush Puppies Shoes, has said publicly that using TradeCard saves them US$0.20 per pair of shoes.

Headquartered in New York City, TradeCard, Inc. has offices in San Francisco, Hong Kong, Brussels, Taipei, Seoul, Tokyo and Shenzhen.  TradeCard is a registered trademark in the United States and elsewhere throughout the world. TradeCard is located online at www.tradecard.com.