Supply Chain Resilience and Small Suppliers
A Bruising Market Hits the Smallest Hardest Peter Jacobstein, Chief Strategic Partnership Officer, The Interface Financial Group January 12, 2021 | A recent Harvard Business Review article paints a dire picture for small and mid-sized suppliers (SMEs), and for the larger companies that depend on them. “A Financial Crisis is Looming for Smaller Suppliers[1]” argues […]
Next wave innovations in supplier finance
Throughout this decade with the growth of buyer-led supply chain finance programs or buyer-sponsored early payment services, teamed with the increase in attention to SCF services in general, we have witnessed significant technological transformations within the industry.
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.
IFG Stands with Ukraine
The Interface Financial Group stands with the people of Ukraine.
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.
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.
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.