An integral component of a supply chain, Financial Supply Chain Management connects trading principals from the initiation of a transaction or order to receipt of payment. It carries the flow of financial information and money in the direction opposite to the flow of goods and services. Effective financial supply chain management improves relationships between trading partners and has a positive effect on working capital for both buyers and sellers.
Quetica’s principals and associates were among the first in the industry to effectively define this new competency, and were early leaders in fully implementing it for the benefit of trading partners. Quetica’s principals designed, built, and operated the world’s first internet-based, business-to-business payment and financing network, called PowerTrack™, and led to its evolution as a multi-bank network. PowerTrack completely reengineered the process of invoice processing, audit, and paying for goods and services.
