MASTERCARD
18 efficiency to a once timely process , allowing for a faster cataloging and shortlisting of fintech and startup applicants . Bromley shares that once these companies apply through the aforementioned portal , they are manually reviewed by Mastercard , and around six are taken into the Mastercard ecosystem , giving them access to it ’ s diverse network , as well as six months of mentoring . “ I don ’ t like the thought of procurement just being seen as a process that uses rubber stamps to get something done ,” says Bromley . He enthuses that this is overcome by taking a more consultative role , where those in supply chain reach out across the company and suggest processes based on their extensive knowledge of Mastercard ’ s partners and processes . “ So much of our work with fintechs , startups and SMEs is about revenue generation , and with that , speed to market products . As a result the supply chain teams work closely with product teams to ensure that each startup entering our ecosystem is
APRIL 2020