Supply Chain Finance

From hard coinage to electronic funds, cash has been the basic building block of business success for centuries. Cash allows enterprises to pay employees, fulfill debt obligations, invest in new projects, and purchase goods and services. This indisputable truth has driven organizations large and small to emphasize the management of cash since the first businesses [...]

Supply chain finance (“SCF”) is an advanced financial solution that accomplishes two primary goals: suppliers get paid more quickly but at a slight discount, and buyers preserve their days payable outstanding (“DPO”) and cash on hand. At its core, SCF is an early payment discount technique that uses third-party capital, typically from a financial institution [...]

Payables Place’s P2P Technology Round-Up returns today with another assortment of ePayables, P2P and B2B payment solution provider news and updates from the past month. Santander Partners with Tradeshift to Provide Supply Chain Finance It was announced last week that Banco Santander has partnered with cloud-based financial technology company, Tradeshift, to deliver supply chain finance digitally to its [...]

As businesses continue to eliminate manual- and paper-based processes from the front-end of the accounts payable (“AP”) function, attention has turned to streamlining and driving more value from the payment phase of the ePayables Framework. Beyond increasing the number of suppliers that accept payment electronically instead of via paper check, there are a few innovative [...]

Editor’s Note: As 2015 draws to a close, it is the time of year when we revisit some of our best articles from the past year. Over the next two weeks, the Payables Place team will share an eight-part series of the “Best of 2015.” Today’s article is one from our AP predictions series, which originally ran on [...]

Following our series on trends in accounts payable, Payables Place is going to take a look at predictions for the future of the AP function. Today’s installment, the last of four, will take a look at how B2B payments will soon become a strategic business process. The when and how of paying suppliers has not, in many [...]

Kofax Expands Capabilities of World’s First Smart Process Application Development and Deployment Platform Kofax (Nasdaq: KFX) announced the release of TotalAgility® 7.2 this week, the latest update to its flagship product. According to the company’s announcement, the updated TotalAgility solution provides digital transaction management capabilities that can allow users to eliminate paper completely from the signature process. [...]

The world of business-to-business (B2B) commerce changes constantly; the current climate for enterprises at all levels is no different. Ever-increasing globalization and technology innovation, as well as the quickening speed of business, has made it imperative for organizations to take a hard look at the tools used to conduct business with trading partners. Doing business [...]

The SupplierPay pledge that 26 large corporations signed in a July press conference at the White House has as one of its two tenets the need to craft financing solutions that allow small suppliers to get paid faster. Luckily, there are three technologies that—when implemented correctly—can allow large corporate buyers to give their small suppliers [...]

We’re living in a global economy. Raw materials mined in China are shipped to factories in Kenya and then the finished goods are sold in U.S. and Western European stores, among other global trade connections. It’s this globalization—and the recent credit crunch of the financial recession—that drives renewed focus on working capital management. You can’t [...]