Fifty-six percent of U.S. business owners say having early payment options from their customers is a critically important business partnership consideration.
Analyst Insight: Automation and efficiency in corporate accounts payable is opening up new opportunities that simply are not possible in a paper-based environment. Chief among these is the opportunity to design payment programs that accelerate funds to suppliers – and provide significant working capital benefits to buyers as well. – Scott Pezza, Principal Analyst at Blue Hill Research
Significant liquidity could be released for supplier companies based in Central Europe through supply chain finance, according to the latest research from Demica. Its new study reveals that such programmes could help unlock combined working capital of more than €16bn for suppliers in Poland, the Czech Republic and Hungary in the manufacturing, wholesale and logistics sectors.