2009-11-23 11:06:46 - Corporate LinX was created in France in 2008 with the objective to assist large corporations reduce their operational costs, whilst optimizing their working capital performance in the management of their Supply Chain and their relationship with suppliers. In order to keep abreast with current demand, the company is expanding and is proud to announce the opening of its UK office based in Hampshire, fully supported by a technical team headed by Dean Randle.

Fabien Jacquot, Corporate LinX CEO says ‘This expansion is obviously a positive sign of development, putting the company in an even stronger position to accompany our clients’ own international development. Given the team’s competence, I am fully confident that our clients are in excellent hands!’

For a year now, they have indeed successfully utilised their own technology (Corporate LinX eXchange (CLeX) transactional portal) to assist their clients in the optimisation of cost reduction and working capital between the clients’ buyer organisations and their suppliers. The dematerialisation and collaborative processing of all Purchase-to-pay data through CleX allows many benefits, including the possibility for suppliers to achieve early payment against discounts (Reverse Factoring) at more favourable terms than other trade finance options. The

participation of financial organisations in the collaboration reduces their risk and cost of operation and allows them to offer more flexible settlement terms to suppliers. Complementing Corporate LinX's technology, is the company's approach to servicing clients - offering a 3-step approach; evaluation, implementation and ongoing assistance.

Whilst Corporate LinX provides the highest level of service, the ‘SaaS’ managed from the IBM infrastructure permits rapid and cost effective implementation, offering organisations of all types and sizes to achieve their financial objectives through improved procurement terms and cash flow availability.
For further information: www.corporatelinx.com