Financial technology giant WEX partners with Octet for supply chain management transformation

By Olivia Minnock
Leading financial technology services company WEX has partnered with an Australian firm to transform and digitalise its supply chain management. Octet...

Leading financial technology services company WEX has partnered with an Australian firm to transform and digitalise its supply chain management.

Octet, which is based in Sydney and provides solutions for businesses to pay their suppliers, will utilise WEX’s virtual credit card payment solutions. Since Octet helps SMEs in Australia to manage their supply chains, the addition of WEX to its platform will improve cash flows and make cross-border transactions easier.

SEE ALSO:

Octet uses an enterprise-grade platform to help its clients track the entire supply chain, throughout which they can view all the relevant documents and use multiple payment methods – now including WEX.

Justin Cross, Director of Business Development & Partnerships, EMEA and APAC at WEX, called Octet a “leading innovator in the supply chain platform space”. It’s hoped WEX will be able to grow through its partnership with the SCM platform.

Octet’s CEO Clive Isenberg said: “The partnership will arm local businesses with more power to trade locally and internationally. Octet and WEX will be looking to further facilitate seamless, efficient and secure supply chain solutions.”

Share

Featured Articles

Shortlist Announced – The Global P&SC Awards 2024

Procurement Magazine and Supply Chain Digital have released the 2024 shortlist for the inaugural Global Procurement & Supply Chain Awards

Suzano: Pioneering High-Capacity Electric Trucks

Suzano, the world’s largest producer of market pulp, is testing the first high-capacity electric truck, the Atlas, developed by VIX Logística

Etihad Cargo’s Bold Bid to Increase Global Capacity

Etihad Cargo, the cargo and logistics arm of Etihad Airways, is expanding in a bid to offer comprehensive air cargo solutions to its customers

CGI: AI Already a Key Area of Focus for Supply Chain Leaders

Digital Supply Chain

Three Months Until Procurement & Supply Chain LIVE London

Digital Supply Chain

Procurement & Supply Chain LIVE Announces Chicago Event 2025

Digital Supply Chain