Over the last few years, Supply Chain Finance has gained prominence among corporate CFOs as an important tool to manage working capital and to derive efficiencies throughout the procurement and manufacturing processes.
Over the last few years, Supply Chain Finance has gained prominence among corporate CFOs as an important tool to manage working capital and to derive efficiencies throughout the procurement and manufacturing processes.
Supply Chain Finance programs, specially those assisted by a technology platform, allow automated discounting of a large volume of receivables by a large number of big and small suppliers.
By offering Supply Chain Finance, large buyers support their suppliers by getting them access to an alternative and cheaper source of funding and expediting their cash collection. In return, the buyers negotiate better procurement costs and stretch their payment terms.
By using Supply Chain Finance, corporations free up funds while ensuring uninterrupted supply of raw material and other goods and services.