Every business, no matter the industry or size, relies on one thing: cash flow.
Without this, the business cannot invest in necessary resources to maintain operations. As cash flow slows to a crawl, the company can’t obtain materials to create its products; pay for utilities, rent and other overhead expenses; pay off debt obligations; etc.
So, what’s a company with cash flow restrictions to do when it needs to purchase necessary goods?
The answer for an increasing number of global companies is supply chain finance. Here’s what you need to know about this business process that improves relationships between buyers and suppliers, and gives both parties the liquidity they need to maintain business operations.