Hi-Tec Sports USA, a leading footwear, has adopted TradeCard to manage the financial components of their trade transactions with vendors. Launched in April 2000, TradeCard provides alternatives to traditional paper-based trade settlement methods. The web-based system enables buyers and sellers to initiate, conduct and settle trade transactions online through TradeCard’s secure network. TradeCard’s member companies include RadioShack and Wolverine World Wide. Robert C. Kaiser, Chief Operating Officer of Hi-Tec Sports, USA, said: ‘TradeCard helps us better manage the flow of cash against the movement of goods from our vendors. The system streamlines our procurement process, provides us the information we need to make payment decisions, and saves us money.’
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