SOURCE: TradeCard

TradeCard

August 20, 2009 10:01 ET

TradeCard Selected to SupplyChainBrain's 100 Great Supply Chain Partners List

Polling of Logistics and Supply Chain Executives Verifies TradeCard's Impact on Efficiency and Overall Supply Chain Performance

NEW YORK, NY--(Marketwire - August 20, 2009) - TradeCard, Inc., the world's leading multi-level collaboration platform for connecting supply network partners, has been chosen to SupplyChainBrain's list of 100 Great Supply Chain Partners. SupplyChainBrain's 100 Great Supply Chain Partners Program is the result of a six-month on-line poll in which logistics and supply chain professionals nominate vendors and service providers whose technology, logistics, transportation or consulting solutions have made a significant impact on their company's efficiency, customer service and overall supply chain performance.

"We've expanded the concept of procure-to-pay automation to enable our customers to connect their entire supply networks on a single platform," said Kurt Cavano, CEO of TradeCard, Inc. "At first glance, many of our customers view TradeCard as a supply chain finance platform, which is where we first established ourselves 10 years ago. But over the years a growing number of our customers have come to recognize the value of our platform services for sourcing, logistics and customs programs. TradeCard combines these cross-functional areas and what really separates our platform from others is that we enable parties to connect at multiple levels of the supply chain all the way from raw materials to finished goods."

The TradeCard Platform seamlessly connects networks of parties from the order of raw materials through transportation and finished goods. TradeCard's platform-as-a-service (PaaS) offering delivers unique connectivity to brands, retailers and suppliers to help control the movement of money and products in the supply chain. TradeCard's local support in 60 countries enables buyers, suppliers and service providers to easily connect and transact within 90 days without adding additional resources and staff.

Companies use TradeCard to improve margins, cash flow and supply chain visibility. The TradeCard Platform delivers services that enable customers to:

--  Free Up Credit Lines
--  Extend Payment Terms
--  Implement Straight-through Accounts Payable Processing
--  Streamline Deductions Management
--  Eliminate Letters of Credit
--  Automate Local Offices
--  Deploy Invoice Discounting/Early Payment Programs
--  Ship Direct-to-Store
--  Optimize First-Sale/Duty
--  Reduce Vendors' Cost of Capital
--  Decrease Dependence on Agents
--  Monitor Trading Partner Viability
--  Comply with 10+2 and Consumer Product Safety Certification Laws
    

More details on TradeCard are available on the TradeCard Media & Demos page, at: http://tradecard.com/news/media.html

About TradeCard, Inc.

TradeCard, Inc. is the leading provider of on-demand supply chain management solutions. The TradeCard Platform synchronizes financial transactions with physical events in the global supply chain to help customers automate trade transactions from purchase order to payment and chargebacks. Buyers, suppliers and their trading partners manage transactions through a web-based platform with online financial services integrated into the workflow. This turnkey transaction management enables customers to improve margins and enhance growth, with extra-organizational supply chain visibility. TradeCard's on-the-ground trade experts throughout the world assure superior supply chain agility.

TradeCard manages global trade for thousands of users in over 60 countries, including Columbia Sportswear, Rite Aid and Wolverine Worldwide. TradeCard Inc. is headquartered in New York City and has offices in San Francisco, Hong Kong, Brussels, Taipei, Seoul, Colombo, and Shenzhen. TradeCard is located online at www.tradecard.com.

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