-
Infor Nexus and LSQ have inked a strategic agreement, offering their extensive supplier network the opportunity for early payments through the LSQ FastTrack supply chain finance program.
-
International suppliers of United Legwear, an existing LSQ customer, especially in Asia, can now access early payments directly from their Infor Nexus system, simplifying the process.
-
LSQ provides more than just funding; it delivers payment automation, credit management, and valuable financial insights to enhance working capital management for buyers and suppliers.
Infor Nexus, the leading global supply chain platform under Infor, the industry cloud company, and LSQ, a prominent working capital finance and payments solutions provider, have forged a strategic agreement. This partnership offers their extensive network of suppliers the opportunity to access early payments via the LSQ FastTrack supply chain finance program.
This collaborative solution is already in action, benefiting international suppliers of United Legwear, an established LSQ supply chain finance customer. These suppliers, predominantly located in Asia, can now secure early payments directly from their Infor Nexus system with a simple click. Furthermore, the integration process is underway for other buyers, ensuring that global suppliers can seamlessly become part of their supply chain finance program.
In line with this strategic partnership, LSQ goes beyond mere funding by offering comprehensive payment automation, credit management services, and a wealth of valuable financial insights. This comprehensive approach equips buyers and suppliers with the tools to manage their working capital effectively. With over 25 years of experience, LSQ stands as a market leader and trailblazer in working capital finance and payments solutions. By harnessing innovative technology, credit and risk expertise, and proprietary data, LSQ empowers thousands of businesses to optimize operating capital, streamline payment processes, manage collections, and mitigate risk. Through the LSQ FastTrack platform, the company accelerate billions of dollars in payments to organizations and their suppliers annually, enabling them to access the vital funds required for growth and prosperity.
Infor Nexus is a global supply chain platform that can unite an extensive network of more than 85,000 entities, encompassing brands, retailers, manufacturers, suppliers, logistics providers, and financial institutions. This unique and singular network platform serves as the orchestration hub for many global supply chain activities, effectively managing the entire lifecycle of processes, from source to final delivery and payment. By integrating with Infor Nexus, organizations seamlessly optimize their operations, eradicating inefficiencies and unnecessary waste. In the process, the businesses gain invaluable data-driven insights and enhance their capital flow. This holistic approach contributes to enhanced business agility, bolstered resilience, and sustainability for companies within a dynamic global marketplace.