The Critical Role of Supply Chain Finance During Economic Uncertainty (and Tariffs!)
Economic cycles fluctuate with regularity, frustrating economists and anyone who tries to predict the future. But in the past few decades, the supercharged economy has led to ever faster changes.
Five Myths about Supply Chain Finance
What was once a niche service for investment-grade corporate buyers and their largest suppliers is now a critical financial tool that provides liquidity throughout the supply chain.
However, even with its move to the mainstream, SCF is often poorly understood by both buyers and suppliers who could benefit most from its use. Here five of the biggest myths about Supply Chain Finance.
Supply Chain Finance Outlook 2023
Nothing – not supply chain logjams, not higher interest rates, not economic uncertainty — could dampen the continued growth of Supply Chain Finance.
Global volume of Supply Chain Finance reached nearly $2.2 trillion in 2022, up 21% from 2021, according to BCR Publishing’s World Supply Chain Finance Report 2023.
Since 2015, the industry has expanded at a 31% compound annual growth rate.
In this report, we’ll examine the outlook for Supply Chain Finance, the factors that are driving its growth, and innovations that will carry it forward.
Supply Chain Finance: The Trillion-Dollar Opportunity for Procure-to-Pay Networks
Worldwide Supply Chain Finance volume reached nearly $2.2 trillion in 2022, up 21% over the year before. This means Procure-to-Pay and AP Automation firms have a trillion-dollar opportunity to add Supply Chain Finance as a service for their customers. This article explores what Supply Chain Finance is, why it’s important, and how firms can benefit from offering this valuable new service for their customers. We’ll also examine successful case studies of Procure-to-Pay and AP Automation firms partnering with Supply Chain Finance providers.
Will New FASB Disclosure Rules Change Supply Chain Finance?
In September 2022, FASB issued ASU-2022-04, with new disclosure rules for Buyers who offer Supply Chain Finance programs to their Suppliers. In this report, we’ll examine the new rules, explain when disclosure is required, and discuss their potential impact on Supply Chain Finance.
IFG Stands with Ukraine
The Interface Financial Group stands with the people of Ukraine.
Tribute to Theodore (John) Sheehy
It is with heavy hearts that we announce the passing of our founder, Theodore (John) Sheehy. Born in Michigan in 1931, he passed away on Monday, December 6th in Toronto, Ontario…Where he had made his home for over 50 years. He is survived by his beloved wife, Sheila as well as his children and grandchildren.
A New Era of Early Payments is Here
Why E-Invoicing Needs Machine Learning to Accelerate Invoice Finance
DAVID GUSTIN, Chief Strategy Officer, The Interface Financial Group December 18, 2018 In the past, most procurement organizations would admit to doing a generally poor job of linking buying processes to the actual receipt of invoices, the invoice approval process and the subsequent payment to suppliers. There have been many reasons for this, not the […]
PWC: SCF Barometer 2017/2018
