TradeCard, Inc. was an American

software Software is a set of computer programs and associated documentation and data. This is in contrast to hardware, from which the system is built and which actually performs the work. At the lowest programming level, executable code consist ...

company. Its main product, also called TradeCard, was a

SaaS Software as a service (SaaS ) is a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted. SaaS is also known as "on-demand software" and Web-based/Web-hosted software. SaaS is co ...

collaboration Collaboration (from Latin ''com-'' "with" + ''laborare'' "to labor", "to work") is the process of two or more people, entities or organizations working together to complete a task or achieve a goal. Collaboration is similar to cooperation. Most ...

product that was designed to allow companies to manage their extended

supply chains In commerce, a supply chain is a network of facilities that procure raw materials, transform them into intermediate goods and then final products to customers through a distribution system. It refers to the network of organizations, people, activ ...

including tracking movement of goods and payments. TradeCard software helped to improve visibility, cash flow and margins for over 10,000 retailers and brands, factories and suppliers, and service providers (financial institutions, logistics service providers,

customs brokers Customs is an authority or agency in a country responsible for collecting tariffs and for controlling the flow of goods, including animals, transports, personal effects, and hazardous items, into and out of a country. Traditionally, customs h ...

and agents) operating in 78 countries. On January 7, 2013, TradeCard and

GT Nexus Infor Nexus (formerly known as GT Nexus) is an independent business unit of Infor LLC offering a multienterprise supply chain network. The on-demand global supply chain management platform and integrated applications are used worldwide by busine ...

announced plans to undergo a merger of equals, creating a global supply-chain management company that would employ about 1,000 people and serve about 20,000 businesses in industries including manufacturing, retail and pharmaceuticals. The combined company rebranded itself as

History

TradeCard was founded in 1999 by Kurt Cavano as a privately owned firm. In 2003,

Warburg Pincus Warburg Pincus LLC is a global private equity firm, headquartered in New York, with offices in the United States, Europe, Brazil, China, Southeast Asia and India. Warburg has been a private equity investor since 1966. The firm currently has over ...

led three funding rounds, with TradeCard closing $10 million. In 2010,

Deloitte Deloitte Touche Tohmatsu Limited (), commonly referred to as Deloitte, is an international professional services network headquartered in London, England. Deloitte is the largest professional services network by revenue and number of professio ...

cited TradeCard for its entrepreneurial and disruptive

cloud technology Cloud computing is the on-demand availability of computer system resources, especially data storage (cloud storage) and computing power, without direct active management by the user. Large clouds often have functions distributed over multi ...

enterprise resource planning Enterprise resource planning (ERP) is the integrated management of main business processes, often in real time and mediated by software and technology. ERP is usually referred to as a category of business management software—typically a sui ...

solution that provides new IT architectures designed to address unmet needs of enterprises. In 2011, TradeCard's revenue grew by 36% over the previous year, and the company claimed on its website that it handled $25 billion in sourcing volume on its platform, by 10,000 organizations and 45,000 unique users. In 2012, founder and CEO Kurt Cavano transitioned to the Chairman role and Sean Feeney was appointed CEO. TradeCard was headquartered in

New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...

, with offices in San Francisco, Amsterdam, Hong Kong, Shenzhen, Shanghai, Taipei, Seoul, Colombo and Ho Chi Minh City.

Clients

TradeCard provided global supply chain and financial supply chain products to retail companies, factories and suppliers, and service providers (financial institutions, logistics service providers,

and agents). Clients include retailers and brands such as

Coach, Inc. Tapestry, Inc. is an American multinational luxury fashion holding company. It is based in New York City and is the parent company of three major brands: Coach New York, Kate Spade New York and Stuart Weitzman. Originally named Coach, Inc., the ...

Levi Strauss & Co.,

Columbia Sportswear The Columbia Sportswear Company is an American company that manufactures and distributes outerwear, sportswear, and footwear, as well as headgear, camping equipment, ski apparel, and outerwear accessories. It was founded in 1938 by Paul Lam ...

Guess A guess (or an act of guessing) is a swift conclusion drawn from data directly at hand, and held as probable or tentative, while the person making the guess (the guesser) admittedly lacks material for a greater degree of certainty. A guess is als ...

Rite Aid Rite Aid Corporation is an American drugstore chain based in Philadelphia, Pennsylvania. It was founded in 1962 in Scranton, Pennsylvania, by Alex Grass under the name Thrift D Discount Center. The company ranked No. 148 in the Fortune 500 l ...

, and

Perry Ellis International Perry Ellis International is an American clothing, fashion, cosmetics and beauty company that includes a portfolio of brands distributed through multiple channels worldwide. The company focuses primarily on sportswear and casual clothing for nic ...

Awards

* 2012 Best Platform Connecting Buyers, Suppliers and Financial Institutions by

Global Finance The global financial system is the worldwide framework of legal agreements, institutions, and both formal and informal economic actors that together facilitate international flows of financial capital for purposes of investment and trade financ ...

* 2012 Supply and Demand Chain 100 * 2012 Pros to Know by Supply and Demand Chain * 2011 Top Innovator by Apparel Magazine * 2011 Great Supply Chain Partner by SupplyChainBrainTradeCard Selected to 2011 Great Supply Chain Partners
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References

External links

* {{Infor Supply chain software companies American companies established in 1999 Companies based in New York City ERP software companies Software distribution As a service Software industry Cloud platforms ERP software Private equity portfolio companies Business software companies Warburg Pincus companies