27% of large companies have a supply chain finance programme in place - report

Thursday 27 March 2014 00:27 CET | News

27% of the large companies polled have a supply chain finance programme in place and the percentage is set to grow with a further 25% investigating, planning or implementing a programme, recent findings indicate.

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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Keywords: supply chain finance, programme, report, payment terms, DPO
Categories: Banking & Fintech
Countries: World
This article is part of category

Banking & Fintech