Migrating processes to the cloud could mean saying goodbye to over-provisioning and depreciating assets, but adopting the opex model also means dealing with multiple layers and providers, and with ‘procurement democracy’
Top performers in working capital now collect from customers over two weeks faster, pay suppliers nearly three weeks slower, and maintain less than half the inventory of typical companies in their industry, according to new working capital research from The Hackett Group, Inc.
The percentage of SME debt paid on time fell to just 37 per cent in the second quarter of 2017 – the lowest level in two years, according to new research released by DP Information Group (DP Info), part of the Experian group of companies.
HSBC and Tradeshift, a business commerce platform, have announced a strategic partnership that will enable companies to manage their global supply chains and working capital requirements from one online platform, from any device.
Dianrong and FnConn have launched Chained Finance, the first-ever blockchain platform for supply chain finance. The new platform leverages advanced financial technology to meet the hugely underserved needs of supply chain finance in China.