Bayer embarked on a radical process of optimising and automating the P2P cycle, which proved to be highly successful. We outline the various steps taken which substantially improved its P2P metrics - including the introduction of an online portal.
The supply chain in German companies is becoming increasingly global. As the market develops and becomes more complex, effective financing solutions are being seen as increasingly vital - not only to individual businesses but to the economy as a whole.
We report on how a workshop on supply chain finance captured the imagination of many at the 5th annual Cash Management University.
We look at how the BPO is used in practice - and how companies can build a business case to adopt this new trade instrument.
To trade out of the crisis successfully requires the right financial frameworks that allow every buyer and seller to manage their risk and liquidity. The Editor discusses with two experts how we, as treasurers and finance managers, should be putting our companies in a position to do this.
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.
With an efficient physical and financial supply chain now critical to the business success of every organisation, what are the immediate opportunities and benefits of treasury and procurement working more closely together?