Multinational corporations with regionally dispersed and large supply chains are expanding growth opportunities with supply chain finance programs. By supporting their suppliers with better terms and faster payments in a way that doesn’t impact working capital allocation, senior finance leaders are better able to manage a complex supplier network. Modern CFOs are turning to their treasury team, who manage the funding of payments to their suppliers, for technology enabled solutions that deliver supplier payments on a secure platform to reduce risk and generate free cash flow.
Supply Chain Finance
Capital management is dominating financial news of late. Pundits everywhere are digging into the impact of the current economy on corporate repatriation, higher inflation expectations, equipment expenditure levels, stock buy-back plans and more – all of which likely require involvement from the board when it’s time to make a move.
As one experienced CFO to another, I think we can probably agree that there is an urgent need for progressive finance strategy. Companies are operating in a global business environment of growing complexity. Things have dramatically changed on the outside. In response, there needs to be more innovation from the inside to create growth while continuing to balance opportunity and risk with sound judgement and right timing.