- More than two-thirds of companies have current projects or future plans to enhance financial management systems and trade compliance technology.
- Innovators are taking advantage of physical supply chain triggers to apply pre-, in-transit, or post-shipment inventory financing, discounting or payables extensions.
- Nearly three-quarters of companies plan to increase their use of trade services from financial institutions to lower transaction costs, smooth cash flow and make it easier for international customers and suppliers to do business with them.
Additional Articles of Interest
procurement outsourcing Procurement Outsourcing: The 10 Things Finance Professionals Want to Know
Tax and supply chain management Transaction Tax Management: A Seat at the Supply Chain Table
warranty management Carrier ArvinMeritor retailer Sears Whirlpool Sub-Zero
- More research from AberdeenGroup.