Working capital initiatives, for the most part, are a finance or treasury-led initiative. However, when it comes to implementation and the long-term success, procurement is largely responsible for leading the execution. It’s a reality often overlooked by financial stakeholders and one that exposes a weak link in how companies implement working capital initiatives such as supply chain finance.
Join PayStream Advisors (now Levvel), PrimeRevenue, and a seasoned procurement and business management professional, Brenda Lloyd, for a discussion on bridging the gap between finance and procurement initiatives.
Attendees of this webinar will learn:
- Recent trends around the relationship between procurement, finance, and working capital initiatives
- Nuances of industry-specific payment standards, and how early payment options bring competitive advantage
- How joint initiatives between finance and procurement can elevate procurement’s role in the business
- How early payment options improve supplier relationships and strengthen the business