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Atos Origin to enter supply chain finance space

Author: Jordan Early - Categories: Supply Chain Finance

Atos Origin's move into the supply chain finance (SCF) space presents a real shift in this field. The fact that an established IT provider is committing time and resources to this activity further highlights the potential of such practices in today's post-recession marketplace and could see SCF moving from a peripheral business idea to a commonly adopted practice. more

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Supply chain finance: Three’s company

Author: Mark Perera - Categories: Supply Chain Finance

Seen as a win-win-win trade finance solution that can solve your working capital problems as well as shore up your supply base, is supply chain finance the real deal? more

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Prompt payment fails to hit the spot

Author: Sofia Santarelli - Categories: Supply Chain Finance

‘Too little – too late’. That was the response from the majority of commentators when the UK Government, alongside the Institute of Credit Management, unveiled its prompt payment code for suppliers at the tail end of what was, by anyone’s standards, a miserable 2008 for global business. The aim of the code was to enable suppliers to receive payment for their goods and services at a far quicker rate in order to avoid the kind of cash flowcrisis that had crippled many small and medium-sized enterprises since the onset of the credit crunch. “The code focuses on ensuring firms pay their suppliers on time and do not attempt to change their payment terms retrospectively. This will be essential to help smaller firms maintain cash flow in the months ahead,” said Business Secretary Lord Mandelson. more

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