Quetica's expertise is built around principals and associates with hands-on, practical experience designing, building, and operating world class Financial Supply Chain and B2B eCommerce businesses, including the successful start-up of the innovative and market-leading PowerTrackTM network and the U.S. Bank and Visa joint venture, Syncada© from Visa.
Quetica's unique value is the ability to translate that experience into practical, best practice solutions for its clients that drive real results. Quetica's staff understands relevant business theory and high level business models. But its experts have also done the tough work of designing, building, and operating multiple businesses—all of which were market innovators and ongoing successes.
This practical approach translates into multiple benefits for Quetica's commercial and government customers, like faster time to market, reduced project costs, lowered project risks, as well as a higher probability of driving the revenue growth and improved profits that are the true outcomes for major business initiatives.
The foundation of Quetica's consulting and professional services, as well as its best practice solutions, is its two core competencies: Financial Supply Chain Management and Business-to-Business eCommerce.
An integral component of a supply chain, Financial Supply Chain Management connects trading principals from the initiation of a transaction or order to receipt of payment. It carries the flow of financial information and money in the direction opposite to the flow of goods and services. Effective financial supply chain management improves relationships between trading partners and has a positive effect on working capital for both buyers and sellers.
Quetica's principals and associates were among the first in the industry to effectively define this new competency, and were early leaders in fully implementing it for the benefit of trading partners. Quetica's principals designed, built, and operated the world's first internet-based, business-to-business payment and financing network, called PowerTrackTM, while at U.S. Bank and led its evolution to a multi-bank network. PowerTrack, today a joint venture between U.S. Bank and Visa (called Syncada© from Visa), completely reengineered the process of invoice processing, audit, and paying for goods and services. Today, the Syncada platform is a global, multi-bank network processing over $20 billion in invoices annually, with participation from over 300 Fortune 2000 companies and government agencies and 16,000 suppliers.
B2B eCommerce is the use of electronic communications and digital information processing technology in business transactions to create, transform, and redefine relationships for value creation between or among organizations, and between organizations and customers. Successful B2B eCommerce is based on trading partners realizing benefits from improved processes and the effective application of supporting technologies.
Quetica's team is comprised of industry veterans, with a successful track record of starting and operating three successful online businesses. Architecting, building, and operating global, scalable, business-to-business (B2B) platforms with multiple trading partners and service providers is highly complex. It takes experience to successfully design and implement cloud-based, open networks with multi-tenant architectures to compete in today's technology-driven environment. Quetica's principals understand that for B2B eCommerce to be successful, each participants needs to receive value from each transaction. But it also has to integrate effectively with their business strategy and processes to help them more effectively manage their business. Quetica has the first hand expertise to help clients build and/or implement technology that drives business results.