A battle over the soul of supply chain finance is raging as fintechs slam banks as outdated, banks accuse fintechs of being lightweights and the rating agencies who insist that trade credit is not debt
Moody’s takes a look at how reverse factoring contributed to the defaults of three European companies, and suggests steps companies can take to insulate themselves from liquidity risk
Corporates operating in Asia with an SAP Ariba licence can get supply chain financing from Standard Chartered. Integrating SAP Ariba with ERP systems remains tricky, however.
Zuellig Pharma, a Southeast Asia-focused healthcare and pharmaceutical corporate, used RPA and virtual accounts to automate a third of its invoice matching process.
A Hong Kong-based entertainment operator’s ambitious plans to expand into healthcare and electronic manufacturing has allegedly entailed invoice-based financing that used fraudulent contracts
Instead of faster payments, treasurers need faster collections. Axiata’s finance transformation head believes treasurers can save a lot of money for their companies if they can get departments to work together