Convert Receivables to Cash in as Little as Three Days
Ariba has partnered with The Receivables Exchange (TRE) to offer a revolutionary working capital solution. You can now access a global network of capital providers that bid on your accounts receivable, delivering funds in as little as three days through an online competitive auction.
The Receivables Exchange enables you to:
- Auction Accounts Receivable to the Highest Bidder
- Set Bid Minimums to Control Cost of Capital
- Define a Best Case "Buyout Option"
- Sell as many or as few receivables as you wish…No Obligations to Use.
When you consider the typical receivables term of 45 days, or as much as 180 days, The Receivables Exchange is a welcome financial tool for small and mid-sized businesses to accelerate payment. This real-time auction process provides the most efficient means to increase liquidity in this economic environment. Auctioning your receivables is simple, easy, and gives you complete control over your cost of capital and cash flow. All it takes is a free application to get the process started…There is no commitment involved!
Invoice to Cash in as Little as Three Days
Accounts Receivable are the most under-utilized assets on the balance sheet. With the Ariba-TRE partnership, you, can now unlock the value of those assets and take back control of your cash flow.
The Receivables Exchange offers an efficient way to sell receivables to a global network of institutional investors and access working capital in as little as three days.
The Sellers post as many eligible receivables as they wish, and as often as they like, and set the auction parameters (the duration of the auction, the minimum advance amount, and the maximum fee they will pay). Unlike the typical remittance process, this puts complete control in the Sellers' hands.
By utilizing the Exchange, as an Ariba Network Supplier member you can quickly tap the liquidity locked in your receivables to:
- Drive Down Your Cost of Capital
- Reduce Days Sales Outstanding (DSO)
- Expand Operations
- Hire More Employees
- Raise cash to purchase goods or equipment
The process is simple, efficient and fast. All it takes is a free, no commitment application to get started.
Need to know more?
You probably have questions, we have answers. Some of your answers may be found below, or you can have a TRE representative contact to answer your specific questions.
Articles
Small Businesses Getting Their Due
The Wall Street Journal, 11 May 2009
Entrepreneurs are trying to take the stigma out of borrowing against receivables
New Exchange Offers New Option
CFO.com, 1 April 2009
An upstart exchange offers a new option.
Complete the following form below and an Exchange Associate will contact you to answer questions and explain the application process1.
To be eligible for Membership, your business must meet the following criteria:
- A minimum of $1,500,000 in annual sales
- At least two years of operational history
- Registered to do business in the U.S.
1You expressly agree and understand that your data entered into this system may be transferred to Ariba, Inc. and the Ariba hosted computer systems (which are located primarily in the U.S.), in accordance with the Ariba Privacy Policy and applicable law. In addition, you authorize Ariba to transfer your information to The Receivables Exchange company.
