NuurLogic Inc.

01/19/2019

01/19/2019

Credit markets, though harder to follow than equity markets, provide clearer signs of looming economic decline.

12/16/2018

Of these compelling reasons to have a Treasury & Risk Management System: How many fit your needs?

12/14/2018

Organizations considering using our Kyriba Cloud Treasury and financial management platform expect to gain an average of 464 hours per month in global productivity while achieving $3.9 million in total savings over a five-year period, according to a review of business case data conducted with 49 U.

12/12/2018

China’s telecommunications systems will be second to none in 2019 and beyond—and it already has the world’s largest digital user base. These two factors will combine to drive business model innovation in an eclectic array of fields.

12/11/2018

IFRS 16 changes how companies that report under international financial reporting standards recognize, measure, present and disclose leases for annual reporting periods beginning on or after 1 January 2019. This presents a significant challenge for the finance departments of companies that use opera

12/11/2018

What to Expect From Vendors When It Comes to Security

12/11/2018

Naughty or Nice?

T'is the season that Santa makes a list and checks it twice. Year round suppliers around the world keep a late payment naughty list. One of the biggest perceived challenges for companies to stay off this “naughty list” is that speeding up payments is often viewed as a zero sum game. Either the payment is slower and the seller has to extend its DSO and reduce working capital, or the buyer needs to lower its DPO, therefore reducing its own working capital. However, with the evolution and increased adoption of dynamic discounting and other supply chain finance programs, such as reverse factoring, speeding up payments can be a win-win solution. In fact, when looking at third-party funded reverse factoring solutions, it can be a win-win-win situation.

In the case of dynamic discounting, an extension to traditional 2/10 net 30 programs, the buyer and seller agree on a sliding scale discount until the payment due date, which gives the buyer more flexibility in when it wants to / is able to make the payment, while continuing to incentivize them to make the payment early, and reduce the sellers’ DSO.

For reverse factoring, the third party makes an early payment to the seller at a discount that is based on the buyer’s credit rating, not the seller’s, therefore providing more favorable terms for the seller than they can often receive though a factoring company. In this scenario, the seller receives early payment with a minimal discount, the bank has a source of high-quality, low-risk short term investments, and the seller is able to maintain its own DPO, thereby improving its cash conversion cycle.

In conclusion, avoiding a black mark on the payment list needn’t necessarily cause an unnecessary burden for buyers. In fact, it could be a great opportunity for them to implement some best practices which can benefit the entire supply chain.

04/17/2018

We are pleased to announce our New Partnership with Kyriba www.Kyriba.com. According to IDC Kyriba, with 1800+ clients in 100 countries, is a global leader in Treasury and Risk Management. We are now offering our clients the most comprehensive single platform for Treasury and Risk Management. Contact us for a demo www.nuurlogic.com.

11/02/2017

Starting November, we will be hosting regular webinars on new developments and latest updates on issues of relevance to our clients. We will be posting our Q4 schedule shortly.

11/02/2017

We are pleased to announce our collaboration with Curvature. This has expanded our ability to deliver value to our clients. In addition to expanded Network and IT Infrastructure Maintenance and Management services we now also offer access to an inventory of over $60 million of network and storage related assets.