Oracle's newly launched update for its Oracle Fusion Cloud Application Suite will help customers with supply chain planning, operational efficiency and financial accuracy.
The report also found that global transportation costs have fallen below their long-term average thanks to lessening pressures on shipping, rail, air and road freight.
Late payments also add to the financial pressures impacting suppliers, with 42% saying they expect to face increased borrowing costs over the next 12 months.
Organizations lose between 3% and 4% of their total external spending due to high transaction costs, inefficiencies and non-compliance in the source-to-pay cycle.
Becoming a seller on Amazon.com can be a great way to build an e-commerce business or make a side income. But extensive and wrongly charged seller fees can take a big bite out of a seller’s or vendor’s bottom line.
The latest news, analysis, trends and solutions regarding supply chain finance and revenue management. New technologies in finance and revenue management are transforming the way companies operate - and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are using finance and revenue management solutions for supply chain optimization.
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