Accenture TradeIX Alliance
Imagine a seamless integrated multi-party trade ecosystem that unlocks trapped value.
Powered by distributed ledger technology, TradeIX’s Marco Polo Network connects ecosystems facilitating movement of assets and credit around the world.
Leadership in intelligent finance operations, technology independence, global ecosystem reach, and domain expertise, pivots clients to the new.
By embedding TradeIX’s capabilities into many offerings, clients can now benefit from the combined power of our leading innovation companies.
"Tackling the complexities of global trade requires innovative and scalable approaches. The scale of Accenture’s operations and deep technical expertise, combined with our leading technology, offer an unrivaled solution for helping organizations eliminate friction across the trade value chain."
Our partnership connects to the global Marco Polo Network that leverages distributed ledger technologies to help you improve processes, increase transparency, reduce risk, and open up new opportunities to lead in the new.
Procure-to-pay and order-to-cash transform into one continuous real-time invoicing process.
Working off shared data across a transaction helps minimize disputes.
Automated cash application streamlines data entry and reconciliation.
Unlocking opportunities to address working capital.
Improved data quality, control and ownership increases compliance and mitigates risk and fraud incidents.
Governance, onboarding and support services add value across the network.
As the Marco Polo Network matures in features and functions, it will unlock trapped value through new products and platforms. WEF, WTO, ICC, 2018
Decrease in trade financing costs
Increase in working capital and liquidity
Improvement in trade finance processing
Decrease in data entry and reconciliation
Decrease in documentation admin costs
Decrease in financial and banking settlement costs
With blockchain, traditional independent players can work together to integrate processes, all with controlled, secure access to sensitive data.
Multi-party systems are changing the way the world lives and works. We can help you apply emerging technologies to digitally transform your business into the future.