Financial Services - Chicago, IL, US
Zeconomy is a technology platform that aligns the "procure-to-pay" processes among corporate buyers, sellers and institutional funders,Our proprietary algorithms enable faster, cheaper and more capital to be available for buyers and sellers at a lower cost than traditional funding opportunities. Zeconomy provides significant benefits to companies and their suppliers. For suppliers, it allows them to get paid much faster (on day 1 of invoicing) without paying large premiums (up to 50% savings) for financing. For large companies, they can pay suppliers much later without incurring debt (~ 30% more cash on hand). Zeconomy turns the billing cycle into extra cash and savings for both and aggregates credit quality and processing for financial institutions.
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