Payment between businesses is no longer a painful chore affixed to the end of an agreement.
For top performing procurement organizations, it’s a key part of the interaction between them and their suppliers, and also an opportunity to strengthen the bottom line through supplier finance programs.
Supplier financing is a no-brainer for procurement organizations who want to maintain stronger relationships with their suppliers and have smoother negotiations with suppliers, while saving their company millions--so why has its potential only been tapped by a few?
The good news is, you can get ahead of most companies simply by rolling out a supplier finance program to your entire supply chain. However, ensuring a streamlined implementation as well as maximizing the program results through supplier adoption is crucial to success.
The Procurement Leaders Managing Supplier Cash Flow whitepaper is packed with keys to surefire success that fortune 500 companies like Home Depot, John Deere and PG&E have used to save millions.
How top performing companies are adopting supplier financing to add millions to their bottom line--and how you can, too
The proven key to maximize discount capture for any supplier finance program and achieve the highest ROI, while also strengthening supplier relationships
Procurement's crucial role in early payment discounting projects and how to become involved at the right time