Artis Trade Systems (Artis) announced continued growth and demand for ArtisPay, Artis’ supply chain finance (SCF) software platform. In the first two months of 2019, Artis added two banks and three independent lenders to their growing client list. Lenders and banks are eager to enter this emerging market and adopt this innovative product; they see SCF as an excellent way to create a new line of business with both existing and former clients and regard the ArtisPay platform and team as integral to this success of this process.
Banks and lenders who have elected to partner with Artis have explained that the functionality, user interface and customizations available are particularly impressive. Artis is a true partner. For example, based on bank and lender feedback, Artis has integrated and automated marketing tools which allow banks and lenders to seamlessly sell and scale their program. Buyers can use the marketing tools to drive supplier adoption of the supply chain finance program as well.
Artis simultaneously supports buyer- and supplier- centric models – allowing the lenders’ clients (“buyers”) to immediately realize the benefits of supply chain finance without any interruption to their current processes. The buyers can gradually evolve into a supplier-centric model if desired, affording the realization of accounts payable automation benefits. Artis offers a wide range of customization, such as white-labeling, which yields higher adoption rates by suppliers.
“I believe our clients see an opportunity to create a partnership with an entrepreneurial software company committed to them succeeding in their supply chain finance programming efforts.”, said Jamie Clemons, Co-Founder of Artis Trade Systems. Clemons continued, “Artis was built by lenders for lenders, the coupling of our industry experience and customer focus with our incredible development team is what I feel has allowed us to grow so robustly and so quickly”
ArtisPay is a proprietary SCF platform, a fully cloud-based SaaS offering. ArtisPay is enterprise-grade software that is user-friendly and intuitive. It’s egalitarian – the platform services the lender, the buyer and the supplier.