The interdependence between the physical and the financial supply chain is growing. As supply chains become more complex, they are constantly stressed with change, the demand for operational advantage, and the necessity to meet the exact needs of customers. The stress from all the change impacts producers, logistics, and ultimately, working capital. What opportunities are you leaving on the table?
In order to become an adaptive enterprise, a company must transform their supply chain to be robust and agile. How so? By leveraging innovative technologies with AP automation, e-invoicing and future proof platforms to facilitate spend management and improves visibility into spend analytics.
In this presentation, we will discuss:
- Need for increased visibility into procurement and improved vendor relationships
- Empowered procurement diagnostics and a single source of truth for all spend under management
- How teams can leverage automation technology and e-invoicing to optimize working capital and cash flow while building relationships with suppliers
- How stakeholders in the supply and financial chain can achieve working capital objectives without jeopardizing other objectives