As businesses continue to eliminate manual- and paper-based processes from the front-end of the accounts payable (“AP”) function, attention has turned to streamlining and driving more value from the payment phase of the ePayables Framework. Beyond increasing the number of suppliers that accept payment electronically instead of via paper check, there are a few innovative financial solutions that can—and frequently do—turn supplier payments into a strategically valuable part of the business. Supplier payments can be an incredible source of strategic value for businesses today beyond an ePayments approach, as there are several key financial solutions that can optimize cash and improve liquidity.
Supply chain finance (“SCF”), which allows enterprises to pay their suppliers more quickly than standard payment terms while also extending their days payable outstanding (“DPO”), can be a true source of financial value for today’s businesses. SCF avoids the supplier pressure and supply chain disruption risk of traditional DPO extension methods (stretching payment terms) and creates a “win-win” situation for buyers and suppliers alike.
To learn about the power of supply chain finance and how it fits into greater financial management strategies, register for a complimentary webinar, “Unlocking Cash with Supply Chain Finance,” (sponsored by Kyriba) on Thursday, June 23, 2016 at 2 p.m. Eastern Time. The webcast, whichfeatures Christopher J. Dwyer, Research Director at Ardent Partners, Eric Riddle, EVP Supply Chain Finance at Kyriba, and Joe Brown, Director Supply Chain Finance at Kyriba, will highlight the impact of SCF on today’s financial operations.
Join this webinar to understand how supplier financing can add a significant return to an organization and reduce risk in the supply chain. Key topics for the webinar also include:
- Identifying organizational goals and three keys to success in supplier financing.
- Global working capital shortfalls (and solutions for this problem).
- The negative impact of a “mandate culture.”
- Why it matters to have the right stakeholders at the table.
Webinar Details:
Unlocking Cash with Supply Chain Finance
Thursday, June 23, 2016
2:00 p.m. Eastern Time
Sponsored by Kyriba
Speakers:
Christopher J. Dwyer, Research Director, Ardent Partners
Eric Riddle, EVP Supply Chain Finance, Kyriba
Joe Brown, Director Supply Chain Finance, Kyriba
http://info.kyriba.com/SupplyChainFinanceWebinar
