Timely payment is a persistently weak link in the financial supply chain. Though that has always been the case, the pain companies feel as a result of late payment has become more severe in the past two years.
While noteworthy innovations have been made in the $518 billion global payments market, it’s still overwhelmingly complicated and costly for buyers to pay suppliers.
Over the past few years, finance has moved beyond its historical oversight role to become a more integrated partner in supply chain management activities.
Shifl, a digital freight-forwarding platform, announced the release of Shifl.Capital, a FinTech solution that streamlines finances and operations for supply chain companies.
John Felix, managing director of White Oak Global Advisors, lays out the financing options that middle-market companies can deploy to reduce the stress on their supply chains and cash position.
With the many complexities and growing challenges in logistics and transportation, technology has become critical to the future of global trade finance, especially for small and medium-sized businesses.
Supply chain contracts aren't often a focus of operational efficiency or performance. This attitude has led to a litany of challenges so common that many companies consider them inevitable.
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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