In today’s global marketplace, your supply chain must be agile and flexible. This means you need to respond to changing priorities while keeping costs inline, and as leading organizations look to gain better returns on liquidity, today’s P2P technology solutions are enabling organizations to invest in, and strengthening, their global financial supply chain.
At Taulia Connect, our annual customer conference in San Francisco, Enrico Camerinelli, Senior Analyst at Aite Group, and I will share our insights on the move toward an ethical supply chain and the impact strategic trading relationships can have on the global economy.
We will discuss the shift that we are seeing as Fortune 500 organizations are rethinking the supply chain and the missed opportunities for those who do not invest in their suppliers.
Not only will we discuss how organizations can gain better returns on excess liquidity with a supplier financing program, but also, we will discuss the positive impact that early payment financing has on the economy as a whole. According to REL and CFO’s working capital survey, over $1 trillion is tied up in working capital--that’s $1 trillion that could be pumped back into the economy for a major economic boost.
In fact, supplier strength should be a key metric that goes beyond Procurement – it should be applied to Corporate Social Responsibility, Accounts Payable, Treasury, and beyond.
Additionally, we will examine the importance of a supplier financing solution that you can scale, one that enables you to offer discounts on all invoices from every supplier, regardless of funding source or supplier size. You will leave with a fresh perspective on an antiquated look at the supply chain- a perspective that will serve your entire organization, and the global economy in today’s economic environment.
In our session, key takeaways will include:
Why you should rethink your supply chain and turn it into a profit center
How to unlock working capital to strengthen the global economy
How supplier financing can meet the needs of your entire supply chain
At Taulia Connect, we’ll delve into cutting-edge content, hands-on workshops, thought-provoking discussions, technology showcases, and plenty of networking opportunities. We are expecting hundreds of like-minded finance professionals with whom to collaborate as we come together to share our insights and expertise in areas that include what’s new in the P2P space and what’s on the horizon.