White Papers
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.
| Publisher | Visa International Service Association | File Format | |
|---|---|---|---|
| Date Published | February 2005 | ||
| Format | White Papers | ||
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