Resources » White Papers » 5 Questions CFOs Should Ask About Procurement Support Before Choosing a Supply Chain Finance Partner

5 Questions CFOs Should Ask About Procurement Support Before Choosing a Supply Chain Finance Partner

questions cfos should ask about procurement

By • Published August 27, 2018 • 3 minute read

For most companies, supply chain finance is a CFO or treasury-led initiative. But when it comes to supply chain finance program implementation, it’s procurement that’s tasked with execution (and success).

When considering a supply chain finance program partner, discussions can easily be dominated by fiscal and legal requirements. However, it’s equally important for finance stakeholders to understand how their partner will support the procurement team during the last mile (or kilometer) of program execution. It’s during this critical time when supplier participation is secured, objections are handled and onboarding occurs.

In this PrimeRevenue Perspective, we explore five procurement-related questions finance stakeholders should consider when selecting a supply chain finance partner. These questions will help companies understand how their partner will ensure program success in the following areas:

  • Protecting the supplier relationship through payment term extensions
  • Training and supplier onboarding
  • Prioritizing supplier targets
  • Procurement support beyond initial implementation

5 Questions CFOs Should Ask About Procurement Support Before Choosing a Supply Chain Finance Partner

  • Please review our Privacy Policy, which provides information on how we use and process your data. It's available at https://primerevenue.com/privacy/

  • This field is for validation purposes and should be left unchanged.