The Great Procurement Talent Gap is a concept that I have spoken about with many colleagues in the past 12 months. Recently I came across a guest blog post on Spend Matters called Procurement’s Growing Divide: Talent Inequality...
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Purchase Order financing is gaining popularity as an innovative tool that allows companies to get cash advances from financiers against certain Purchase Orders. This allows the company which might be short on cash to borrow the funds required to purchase supplies required to manufacture goods rather than use their cash. Purchase Order financing differs from factoring or invoice financing in the sense that it provides...
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Managing International money transfers can prove to be challenging for some companies doing it for the first time. There are regulations, cost considerations, credit risk, etc. to consider while also ensuring that a trust-based relationship may eventually be established with the trading partner....
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