How Procurement can help Finance optimize payables value
06 April 2016 |
Payment terms standardization, terms extensions, P2P automation and dynamic discounting programs are all trending topics with global corporates these days. These tactics can be effective at improving payables value, but what’s the best strategy to achieve your desired results? In this Spend Matters article, Sean Van Gundy, managing director, working capital advisory at C2FO, explores how companies can take an ethical approach to a holistic supply chain strategy and provide suppliers with options to accelerate payment when they need it.