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Tangent Solutions’ new tool

Our Bureau

Hyderabad, April 18

Tangent Solutions, a Hyderabad-based IT firm with office in the US, is launching an electronic solution to make Supply Chain Financing (SCF) simpler.

The software, christened as ‘CashCow’ will bring together buyers, suppliers and funding agents (banks and other financial institutions) on a single global platform with electronic payments facility, Mr T. Gopi Krishna, Managing Director, Tangent Solutions, told newspersons here on Friday.

The solution, acquired by Tangent from the US-Based Midwest Bank, was successfully operated in the US for about two years.

“We are currently in talks with many banks, buyers and sellers,” Mr Krishna said.

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