The recent wave of tariffs on imports from the EU, Canada, China, and Mexico could have a major impact on your bottom line. With increased costs on goods like raw materials, electronics, and essential supplies, your business needs to adjust quickly to stay profitable.
The question is: how can you stay ahead in this unpredictable environment?
Understanding the tariffs and their impact
Starting March 4, 2025, new tariffs on Canadian and Mexican imports will add a 25% duty, with some exceptions for Canadian energy exports. Chinese goods will face a 20% tariff, further straining global supply chains. For your business, this means higher prices on essential goods and potential disruptions in procurement.
The impact? Increased costs, reduced margins, and a need for greater financial agility. If your company relies on imports from these regions, you’ll need to reassess your supplier relationships, optimize cash flow, and improve financial oversight to adapt.
To stay competitive, companies should evaluate their global supply chains, pricing models, and strategic plans to mitigate the effects of tariffs. This requires real-time visibility and actionable insights — which is exactly where Rillion’s analytics tools come in.
How Rillion’s AP automation platform helps you navigate these changes
Uncertain times demand smarter financial tools. That’s where Rillion comes in. Our AP automation, analytics reports, and real-time dashboards help you streamline your financial processes, giving you the flexibility to adapt to market shifts.
Read also: What is AP Automation? Discover How It Works & Its Benefits
1. Gain real-time financial visibility
For mid-sized companies handling high invoice volumes, a lack of visibility into financial data can be costly. Rillion’s real-time analytics dashboards provide instant insights into price fluctuations, vendor costs, and overall AP trends, helping your finance team make proactive adjustments before increased tariffs impact your margins.
2. Identify supply chain vulnerabilities
Your company likely depends on multiple suppliers, and tariffs can disrupt existing agreements. Rillion’s advanced analytics dashboards allow you to track and categorize supplier spend by region, flagging dependencies on high-tariff countries. This insight helps you diversify your supplier base and negotiate better terms with vendors less affected by these trade policies.
3. Automate and streamline workflows
Many businesses deal with slow, manual invoice approvals and payments. Rillion’s AI-driven automation reduces administrative bottlenecks by routing invoices efficiently, ensuring payments comply with new tax and tariff structures while maintaining strong supplier relationships.
Read also: 8 AP Automation Benefits That Justify Your Investment
4. Optimize cash flow and vendor payments
Higher tariffs mean increased costs, making cash flow management more important than ever. Rillion helps CFOs and AP managers optimize working capital by automating early payment discounts, prioritizing cost-effective payment methods, and scheduling payments strategically to maintain liquidity and avoid financial strain.
5. Stay scalable and future-ready
Tariffs and trade regulations will continue to evolve, requiring businesses to adapt quickly. Rillion’s scalable AP automation grows with your company, ensuring compliance with changing regulations while maintaining efficiency. Whether new tariffs emerge or existing ones shift, your AP operations will remain resilient.
Read also: The State of Finance Automation in 2025
Future-proof your AP operations
You can’t control tariffs, but you can control how you respond. By leveraging Rillion’s AP automation and analytics, you’ll be equipped to adapt quickly, optimize financial performance, and maintain resilience in the face of external pressures.
Want to learn more about how Rillion can help? Book a demo today and stay ahead of these challenges.
