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e-Invoicing: The Key to Supply Chain Financing

Sponsored By Direct Insite

Topics:
Accounting
Budgeting & Planning
Technology

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Abstract:
In today's economic environment, supply chain financing is a "winwin" for buyers and sellers. It's an opportunity for buyers to capture more early payment discounts, in turn, earning a far greater return than what's available in money markets. Supply chain financing also can provide buyers with better terms and a more stable vendor base. For suppliers, supply chain financing provides cheaper access to capital as well as greater certainty about when they will get paid (which is especially important for smaller suppliers) -- both critical factors to ensuring a company's financial stability. But without an e-invoicing platform -- and the improved cycle times, visibility and control it provides -- buyers and sellers may find the benefits of supply chain financing remain out of reach.
DETAILS
Sponsored by:
Released: February 29, 2012
Length: 2 pages
Format: PDF (642 kb)
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