Transcard Partners with OatFi to Revolutionize B2B Working Capital Solutions
Transcard has officially joined forces with OatFi to integrate innovative working capital orchestration into its business-to-business (B2B) payments platform. This partnership aims to alleviate persistent cash flow challenges experienced by buyers and suppliers by merging real-time payments, comprehensive underwriting, reconciliation, and embedded financing into a single, efficient workflow. As a result, businesses will benefit from expedited supplier payments, extended repayment options, and enhanced liquidity within the Transcard payment ecosystem.
Addressing Cash Flow Friction in B2B Transactions
In traditional B2B settings, the cash flow dynamics often create friction between buyers and suppliers. Suppliers typically desire swift payments to recover working capital and fulfill new orders, whereas buyers tend to delay payments to maintain operating liquidity. Historically, this disconnect has relied on outdated payment methods, such as checks, or necessitated suppliers to act as unofficial lenders to their customers.
The Benefits of Embedded Working Capital Solutions
The collaboration with OatFi allows Transcard to tackle this fundamental issue head-on. By embedding OatFi’s cutting-edge credit and capital market technologies directly into its platform, Transcard enables both parties to transact under optimal conditions—suppliers receive immediate payments while buyers gain a cost-effective strategy for flexible repayment timelines.
Key advantages of this integration include:
- Faster Payments for Suppliers: Immediate payment processing for suppliers enhances their cash flow.
- Flexible Repayment Terms for Buyers: Opportunities for extended repayment timeframes improve liquidity management.
- Streamlined Financial Workflows: The combined solution enhances operational efficiency across industry sectors.
Expert Insights on the Collaboration
Michael Barbosa, Co-founder and CEO of OatFi, emphasized the significance of this partnership, noting, “B2B payments involve complex data and workflow challenges. Our integration with Transcard’s payment network addresses these issues at their core, enhancing the entire transactional experience for both buyers and suppliers.”
Greg Bloh, CEO of Transcard, added, “We’re empowering CFOs with advanced working capital solutions and AI insights to foster liquidity and drive growth. The embedded financing capabilities are seamlessly integrated into our payment workflows, thereby optimizing transactions and easing supplier management.”
About Transcard and OatFi
Transcard delivers comprehensive payment orchestration solutions designed to facilitate seamless transactions globally. Its AI-powered platform supports various financial functions, including disbursements, receivables, and working capital financing.
OatFi, recognized for modernizing B2B payment structures, offers adaptable financing solutions through API integrations that connect critical accounting platforms. Together, Transcard and OatFi are set to enhance the $35 trillion U.S. B2B payments market by offering innovative financial options tailored for today’s business landscape.
