For decades, supply chain finance belonged to the world’s largest corporations. Digital platforms and automated credit decisioning have put it within reach of the $1–20 billion enterprise.
Economic cycles fluctuate with regularity, frustrating economists and anyone who tries to predict the future. But in the past few decades, the supercharged economy has led to ever faster changes.
What was once a niche service for investment-grade corporate buyers and their largest suppliers is now a critical financial tool that provides liquidity throughout the supply chain.
In September 2022, FASB issued ASU-2022-04, with new disclosure rules for Buyers who offer Supply Chain Finance programs to their Suppliers. In this report, we’ll examine the new rules, explain when disclosure is required, and discuss their potential impact on Supply Chain Finance.
Worldwide Supply Chain Finance volume reached nearly $2.2 trillion in 2022, up 21% over the year before. This means Procure-to-Pay and AP Automation firms have a trillion-dollar opportunity to add Supply Chain Finance as a service for their customers. This article explores what Supply Chain Finance is, why it’s important, and how firms can benefit from offering this valuable new service for their customers. We’ll also examine successful case studies of Procure-to-Pay and AP Automation firms partnering with Supply Chain Finance providers.
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