Significant liquidity could be released for supplier companies based in Central Europe through supply chain finance, according to the latest research from Demica. Its new study reveals that such programmes could help unlock combined working capital of more than €16bn for suppliers in Poland, the Czech Republic and Hungary in the manufacturing, wholesale and logistics sectors.
A global survey of CFOs and supply chain leaders by professional services organization EY finds that companies with evidence of strong "business partnering" between the CFO and the supply chain leaders report better results than those with a more traditional finance model in place.
Tipalti, an online provider of global payment services, has expanded its automated system to support global automated clearing house (ACH) payments to the 32 countries participating in the Single Euro Payments Area.