3 Essential Factors to Facilitating Supply Chain Finance Adoption With Suppliers

Chain Finance Adoption With Suppliers

NICK HEINZMANN, SpendMatters – June 18, 2018   As general awareness about dynamic discounting and supply chain finance grows among practitioners, procurement groups are increasingly pushing their technology providers to offer early payment capabilities. These organizations are primarily seeking to strengthen their supply base, relieving the DPO stretch that has plagued small suppliers as of […]

Accounting Considerations on SCF Transactions

Accounting considerations

DAVID GUSTIN, Chief Strategy Officer, The Interface Financial Group   Whichever way you look at it and define it, supply chain finance has grown into a big number. And if you define it as using the balance sheet of a large company to offer early payment to some or all of its suppliers, it is […]

Why E-Invoicing Needs Machine Learning to Accelerate Invoice Finance

digital invoices

DAVID GUSTIN, Chief Strategy Officer, The Interface Financial Group December 18, 2018 In the past, most procurement organizations would admit to doing a generally poor job of linking buying processes to the actual receipt of invoices, the invoice approval process and the subsequent payment to suppliers. There have been many reasons for this, not the […]

To Reclassify Trade Payables or Not?

To Reclassify Trade Payables or Not

David Gustin, Managing Editor, Trade Financing Matters, IFG Chief Strategy Officer   As more companies adopt early pay programs, including self funded and third party supply chain finance (“SCF”) programs, concerns are growing that third-party arrangements could trigger accounting problems. Trade Finance Matters examines the background and where we are today.   Background With the […]