Corporate banking products are now capable of supporting a wide spectrum of activities - but these are not always combined into appropriate solutions that are aligned with a customer's financial supply chain.
We consider the opportunities for proactive engagement between Treasury and Procurement - and explain some of the benefits that can be gained by this engagement.
The global financial crisis illustrated the importance of trade finance to increase predictability of cash flow, release working capital from the supply chain, and - perhaps most importantly - to manage supply chain risk.
The ability to take a strategic approach to supplier spend, and viewing accounts payable spend as an income generating and working capital optimising asset rather than a cash flow liability, is poised to become an essential capability for treasurers to create competitive advantage and add further …
Of the growing network of trade between emerging economies, it is the relationship between Brazil and China that has risen to pre-eminence, with bilateral trade between the two economies now worth approximately US$100bn.
The advent of the BPO could be the long-desired missing link that enables true multi-party SCF solutions in which every player can contribute - however, important questions still remain unanswered.
In today's uniquely risk-laden global conditions, how can we strengthen the essentially trust-based advantages of Open Account trading? As UK corporates seek to streamline their financial supply chain, this is an increasingly pertinent question.