Solutions - Overview
The expansion of internet technology as an innovation factor has highlighted the fact that traditional processes in the fields of payments, collections, liquidity and risk management and connectivity had to evolve in order to step up to the challenges of the new business velocity. This evolution impacts the overall value creation process of any business organization in connection with inter-enterprise trade and its underlying Financial Value Chain.
The Aberdeen Group defines the Financial Value Chain as "the monetary part of the overall value chain for inter-enterprise trade, which also includes goods/services and content movement components".*
XRT Collaborative Solutions empower the extended enterprise to re-think and optimize their Financial Value Chain.
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According to the Aberdeen Group,
the Financial Value Chain is
"a range of B-to-B trade-related
intra and inter-company financial
transaction-based functions and
processes".* |
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*
Source : "The Missing Link in B-to-B e-Commerce : Financial Value Chain Management", Aberdeen Group,
InSight, Andrei V.Arkhipov, July 16, 2001 and "Show me the money", Aberdeen Group, September, 2001
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