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Collaboration of Infor and Linklogis to Provide Supply Chain Financing Solutions
To boost the customer business value, Infor and Linklogis have joined hands to deliver innovative financial solutions in the supply chain management. The collaboration will be beneficial for the small and medium-sized industries to promote their business and make capital benefits.
FREMONT, CA: Infor, a business cloud software provider and Linklogis, a business-to-business focused independent supply chain platform has announced a partnership to provide financial service solutions through Infor Nexus platform designed to strengthen the small and medium-sized supply chain firms, which were previously underfunded and overlooked. This partnership will help in mitigating risk and reducing costs in the supply chain.
Linklogis utilizes advanced technologies like big data, AI, and blockchain to strengthen supply chains for the large and medium-sized enterprises. The innovative products of Linklogis and supply chain financial services enable small and medium-sized enterprises (SMEs) to realize greater business value.
Infor is the biggest B2B supply chain platform in the world, empowering businesses to digitize their end-to-end supply chain procedures, gaining real-time visibility of all supply chain occurrences, and taking advantage of data-driven insights across inner systems and their entire network.
The partnership is a first of its kind, to combine AI, IoT and advanced visualization technology. Infor provides time visibility and intelligent insight to provide end to end collaborative network. The company now manages more than $1 trillion in trade for 65,000 corporate customers on the platform.
The collaboration between Infor and Linklogis will open Infor Nexus’s financial solutions to new suppliers, which will bring both sides together to offer technology-driven funding alternatives to the supply chain, assisting providers in expanding their reach.
As a supply chain financial solutions provider, Linklogis always makes partnerships, which will combine the solutions into B2B networks. Linklogis will focus on the remaining on innovative fintech solutions that will assist thousands of SMEs secure funding on B2B networks, facilitating the development of the company.
A large number of suppliers in today’s global supply chain do not have proper funding and therefore getting timely capital remains a big challenge. By offering a digital platform that connects buyers and vendors with innovative financial providers such as Linklogis, they are opening up fresh company development possibilities as well as increased effectiveness and cost savings.
The advantages of this offer are that suppliers can get a reliable source of capital at competitive prices; buyers can eliminate supplier-related risk to enhance supply chain health and better serve clients, and finance providers can promote fresh income streams in global trade.