COVID-19 has changed the global economic landscape
Working capital is critical to every business but it is susceptible to geopolitical changes, natural disasters, economic shifts, industry volatility and more. Therefore, multi-national companies with global supply chain need to manage these risks and ensure that their supply chain remains resilient and agile to disruptions. The key performance of a global supply chain is determined by how capital is efficiently flowing through the entire chain. That is why finance professionals around the world have been working on ways to unlock the working capital trapped in the supply chain.
Challenges in current Supply Chain Finance Programs
Manual and Fragmented Delivery
Slow onboarding and credit decisions
No visibility or transparency – Only Tier 1 Suppliers