News | November 18, 2008

Avatar Partners And TradeCard Announce Strategic Alliance To Optimize Supply Chain And Working Capital

IRVINE, Calif.--(BUSINESS WIRE)--Avatar Partners (www.avatarpartners.com), a leader in integrated, best-in-class supply chain and financial software, and TradeCard (www.tradecard.com), the leading supply chain collaboration platform, have announced a partnership to offer a complete suite of services to enable cost-effective sourcing, logistics and supply chain finance through superior visibility, document management and workflow.

Avatar Partners will provide full support of the TradeCard Platform, which helps retailers and brands source smarter through a rapidly deployed network that connects and enables the extended supply chain. TradeCard's services and global trading partners are delivered on a software-as-a-service platform that links buyers, suppliers and service providers.

"Avatar Partners' extensive experience in the retail and apparel supply chain complements our collaborative platform and helps us deliver rapid return on investment for customers," said Guy Rey-Herme, president of TradeCard. "Avatar's supply chain operations and systems integration proficiency is a key addition to our network's growing portfolio of services and strategic alliances that bring value to our members."

TradeCard helps members manage the complexity and interdependency of global sourcing by collaborating in real-time with their supply network. TradeCard standardizes and automates extra-enterprise processes by allowing all parties to a transaction to collaborate using a single instance of electronic documents. Processes from purchase order through settlement are automated on TradeCard to reduce administrative overhead, improve collaboration and reduce errors. Financial services delivered into the supply network improve margins and cash flow.

Downloadable Audio
TradeCard and Avatar Partners are providing license free audio for inclusion in podcasts and radio programs whose subjects are the finance industry, business or technology.

Media interested in an interview with TradeCard's VP of Business Development, Esther Lutz, or Avatar Partners' President, Marlo Brooke, can visit: http://www.tradecard.com/news/pressreleases/avatar.html (this link includes the full version of this press release with links to downloadable audio files)

About TradeCard
TradeCard, Inc. (www.tradecard.com) is the leading provider of on-demand supply chain management solutions. The TradeCard Platform synchronizes financial transactions with physical events in the global supply chain to help customers automate trade transactions from purchase order to payment and chargebacks. Buyers, sellers and their trading partners manage transactions through a web-based platform with online financial services integrated into the workflow. This turnkey transaction management enables customers to improve margins and enhance growth, with extra-organizational supply chain visibility. TradeCard's on-the-ground trade experts throughout the world assure superior supply chain agility.

About Avatar Partners
Avatar Partners (www.avatarpartners.com) is a certified TradeCard implementation partner. With over 80 percent of its customers in the Fortune 500, Avatar Partners enables companies to increase sales, maximize cash, and increase profits through best-in-class supply chain and financial software solutions. Avatar Partners helps companies assess their needs and maximize their software investments, while at the same time minimizing the cost and risk of implementation.

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