TASConnect announces go-to-market collaboration with xSuite

SINGAPORE - Jan. 28, 2026 - PRLog -- TASConnect is a wholly owned subsidiary of SC Ventures by Standard Chartered which builds and invests in breakthrough ventures in and beyond banking. Through this synergy  xSuite will bring TASConnect's working capital solutions – including payable financing, dynamic discounting, and receivable financing – to its ecosystem. This bidirectional arrangement creates a powerful synergy by linking enterprises, thereby enabling them to seamlessly integrate process automation with financial agility, delivering improved liquidity, enhanced transparency, and stronger supplier relationships.

At the same time, TASConnect will introduce xSuite's advanced invoice automation and SAP archiving capabilities to clients and prospects globally, enabling these businesses to streamline procurement-to-pay processes, accelerate invoice verification, and enhance operational efficiency.

Madhivanan Periannan, Chief Commercial Officer of TASConnect, said: "Invoice automation and working capital optimization are two sides of the same coin. By combining these capabilities, we empower businesses to reduce complexity, unlock cash flow, and accelerate digital transformation." This collaboration reflects TASConnect's commitment to delivering end-to-end solutions that drive efficiency and growth across global supply chains.