A disrupted economy will make it harder to manage receivables, payables, and inventory with efficiency.
With payables stretched to the limit, wringing more cash out of working capital will be a challenge.
The cash conversion cycle improved once again in 2017, largely because many companies took as long as possible to pay suppliers.
Supply chain financing lets companies stretch payment terms without hurting their suppliers’ cash flow.
Exclusions and fees can sour a financing.