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.
More than one-third of corporations have accelerated their plans for automating their accounts payable function during the Covid-19 pandemic, according to a poll taken during the latest Working Capital Forum online meeting.
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.
Working capital remains a priority for Dutch corporations, but there’s much more to it than extending DPO, as we found out at a Rabobank-hosted lunch in Utrecht.
This is a transcript of the webinar held on 30th October 2018. To access the webinar, with slides, click here
The average paper check costs $1.22 to process, says NACHA. According to a report by MineralTree, they cost U.S. businesses between $26 billion and $54 billion a year (thanks to Ursula Librizzi at Payjunction for unearthing those facts).
Undistracted by the hottest 19th April in British history, our largest ever group of treasury and procurement specialists met at London’s Dorchester Hotel to tackle the serious issue of successfully implementing a supplier finance programme.
Stockholm’s Berns Hotel was the venue for the first ever Working Capital Forum to be held in Scandinavia, which brought together corporate treasurers and procurement directors from 14 companies ranging from global technology firms to pulp and paper producers.
The first ever Working Capital Forum to be held in New York City saw a wide variety of organisations coming together to discuss working capital issues, from multinational corporations to a not-for-profit social housing group.
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