Procurement’s Guide to Successfully Extending Supplier Payment Terms
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With DPO at record levels, more companies are implementing supply chain finance to mitigate the impact of a term extension, provide suppliers with greater payment predictability, and minimize risk.
But extending terms with key suppliers and selling the benefits of SCF is easier said than done.
This guide covers the following:
- Aligning finance, treasury and procurement
- Common barriers to success
- The 5 components of an effective supplier term extension
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