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Financial Flows and Supply Chain Efficiency

Overview Great opportunities and challenges lie ahead in managing financial flows in supply chains. In the past thirty years tremendous strides have been made regarding supply chain efficiencies - sharply reduced lead times, lower inventories, more responsiveness, increased variety, more collaboration on planning and forecasting, and improved customer service. The financial supply chain is in a critical phase of evolution. New automation solutions show high potential for reducing processing costs significantly. They also offer enhanced visibility, which means less uncertainty in Accounts Receivable (A/R) and Accounts Payable (A/P), hence a significant reduction in Working Capital needs. This paper offers a closer look at invoice, payment, and information flows in the supply chain.

Further White Paper Details
PublisherVisa International Service Association File FormatPDF
Date PublishedFebruary 2005
FormatWhite Papers   
Topics
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