The Receivables Exchange, an online marketplace for trading accounts receivable, is connecting with Aribas spend management system.
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With the latest release of the Ariba Network, Ariba suppliers can link directly to The Receivables Exchange, enabling them to transfer their invoices from the Ariba Network to the exchanges proprietary trading system for auctions. Through a cash optimizer tool embedded in the latest release of the Ariba Network, suppliers can calculate their cash needs as compared to their eligible outstanding invoices and select the invoices they want to sell to help them optimize their working capital management and improve their cash flow.
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