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 world of commerce is undergoing a digital transformation thanks to the emergence of new payments instruments, and the march of 'smart' devices - be they phones or tablets - is revolutionising the way that enterprises and customers interact.
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.
We look at how the BPO is used in practice - and how companies can build a business case to adopt this new trade instrument.
Techniques such as supply chain financing are becoming an important complement to traditional trade finance instruments in Latin America and other emerging markets.
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 …
What is the effect of the rising role of distributor finance programmes in enabling downstream business in international supply chains? Phillip Kerle has the answers.