Monday, October 27, 2014

FINANCING SUPPLY CHAINS

Financing Future Supply Chains

- October 22, 2014 4:01 AM
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Banks have gaps in their supply chain finance product portfolios and are not lending to certain segments of the market (e.g. SMEs). Banks complain of reduced loan demand, but that is only coming from sectors that they are still open to finance.
With the rise of platform providers that augment information to enable transfer of assets, what will the market look like in 5 years?
Vendors sell accounting and integration software to banks to facilitate factoring, trade finance, forfeiting, asset based lending, invoice discounting and other techniques. But these solutions only see content from one side of the relationship.
The new platform providers like Basware, Taulia, Tungsten, Nipendo, Ariba and others have a major advantage here with both buyer and seller data.
- See more at: http://spendmatters.com/tfmatters/financing-future-supply-chains/#sthash.pAXaBSQh.dpuf