Banks and corporates must keep an “open mind” and embrace new digitised platforms to secure the future of trade finance. The need to digitise trade finance has never been more urgent than during the Covid-19 pandemic as supply chains came under pressure and the...

The May round table meeting for the Working Capital Forum saw treasurers from seven multinationals gather to discuss ways of encouraging supplier take-up of supply chain finance programmes, in a meeting sponsored, as usual by American Express. Of the firms represented...

Bringing disparate entities together in a centralised treasury or shared service centre can be a positive step along the road to better working capital management.  That was the view of several participants at the latest Working Capital Forum Virtual Round Table,...

The latest round-table meeting of the Working Capital Forum, supported by American Express saw eight senior treasurers gather online to discuss ways of getting 'buy-in' to working capital optimisation programmes. While most efforts to shorten the cash conversion cycle...

Communicating with suppliers, buyers and finance providers is more essential than ever in a crisis. That was the unanimous conclusion of the speakers in the latest Working Capital Forum online meeting, Funding supply chains for recovery.

Over 36% of corporations have accelerated the automation of their AP function during the Covid crisis.

The coronavirus lockdown has exacerbated the problems faced by smaller business in getting paid, said the UK’s Small Business Commissioner, Philip King, in the latest Working Capital Forum online meeting.

A new project from Tradeshift’s digital incubation unit, Frontiers, has used blockchain technology to turn invoices from dumb paper to well-specified digital assets which can be traded. Using that in combination with smart contracts, banks can use invoices from global enterprises as collateral to finance suppliers down into tier 2 and tier 3 of international supply chains.

Working capital remains a priority for Dutch corporations, but there’s much more to it than extending DPO.