FINANCIAL COLLABORATION
Financial collaboration will
strengthen supply chain
resilience
The simultaneous taunt of higher interest rates combined with increasingly restrictive bank lending is negatively impacting suppliers' ability to access much-needed capital on reasonable terms. To mitigate potential risk, there is an imminent opportunity for Financial Leaders to collaborate with their Issuer Banks to Identify a range of practical and tailored payment instruments that benefit both buyers and suppliers.
CFOs should leverage collaboration to manage the increasing challenges of:
RobobAI Payment Analytics facilitates spend analysis insights for banks and organizations to analyze payment practices and terms within purchase-to-pay (P2P) processes. It explores the opportunities of leveraging all possible discounts or payment channel optimization from the invoice payment process, to improve working capital and increase supplier engagement. Leveraging payment analytics and spend visibility insights with network-based payment solutions will strengthen relationships and build resilience for both buyers and suppliers.