Gresham Computing, a provider of financial solutions, and Quadrem International, a provider of supply chain management solutions, have formed a global partnership to offer banks a suite of white-labeled solutions for procurement, payment and working capital finance. It will be offered by Gresham as part of the Clareti product suite.
Under the partnership, banks and their customers will benefit from the delivery of one integrated solution while drawing on the expertise of Gresham in supply chain financing and Quadrem in procurement and supply network solutions. Banks will be able to boost supplier participation in supply chain programs with potential access to Quadrem’s on-line community of over 60,000 suppliers.
Andrew Green, CEO of Gresham said: With a combined staff of over 500 people in 25 offices around the world, the Gresham-Quadrem team is well positioned to support the complex global needs of banks and their customers.
Chris Haydon, senior vice president of global marketing and solutions at Quadrem, said: We believe Gresham’s depth and expertise in financial solutions and services coupled with our own in procurement and supplier management enables banks to provide their customers a new dimension of visibility and control of their supply chain.