Supply Chain Finance Delivers But Only When Finance is Aligned with Procurement

Recent economic volatility has underscored companies’ need for cash. Combined with the major levels of corporate debt, it’s no wonder business leaders are applying a more scrutinous eye to cash flow. In the U.S., nonfinancial companies rated by Moody’s are sitting on nearly $6 trillion of debt. For this reason, the popularity of supply chain finance continues to rise. Not long ago, Global Business Intelligence reported that one out of five companies surveyed uses supply chain finance. I’m willin
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