The Receivables Exchange Partners with Ariba
Posted by Nicolas Perkin on Thu, Dec 11, 2008
We, at The Receivables Exchange, were excited to announce earlier this week a groundbreaking partnership with Ariba, Inc. The relationship promises to change the commercial finance market in U.S. It will provide Aribaʼs Supplier Network with a new way to beat the credit crunch and access competitively priced capital. The Receivables Exchange does this by connecting suppliers (member sellers) to a global network of accredited investors (receivables buyers) who compete in a real-time auction marketplace to buy their receivables. You can read more about The Receivables Exchange and Ariba relationship here.
Nic Perkin is co-founder and President of The Receivables Exchange. The Exchange is the world's first online marketplace for real-time trading of accounts receivable.