According to a recent survey by EuroFinance, the global specialists in treasury research and events, the key drivers for a supply chain finance programme vary depending on the market. Extending payment terms (days’ payable outstanding or DPO) and improving working capital were cited as the most important drivers (34%), closely followed by better use of liquidity (31%).
Also, the survey revealed that 80% of respondents said that treasury plays a key role in setting up and managing a supply chain finance programme. Some 65% of the participants that had already a programme in place stated that treasury had taken the lead role in establishing the programme.
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