The benefits that supply chain finance brings to b |
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tisce
Senior Member Joined: 07 Jul 2023 Status: Offline Points: 966 |
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Posted: 26 Jan 2024 at 1:38pm |
Extended payment terms: Through supply chain finance, buyers can extend their payment terms with suppliers. This allows buyers to better manage their cash flow and allocate funds to other critical business needs.
Improved capital utilization: Buyers can access funds in advance through supply chain finance to better address procurement and production requirements. This helps improve the efficiency of capital utilization and reduces unnecessary fund stagnation.
Reduced procurement costs: Supply chain finance provides buyers with more competitive financing costs, thereby reducing procurement expenses. By minimizing interest and fees, buyers can obtain the desired goods and services at more favorable prices.
Enhanced supply chain stability: Supply chain finance helps buyers establish more stable relationships with suppliers. By providing financial support, buyers can help suppliers alleviate funding pressures, ensuring the stability and reliability of the supply chain.
Optimized supply chain management: Supply chain finance offers greater data and information transparency, enabling buyers to better manage their supply chains. Buyers can make more accurate predictions and inventory planning, improving the efficiency and flexibility of the supply chain.
TISCE can help you obtain sufficient operating capital to ensure the normal operation of the enterprise and support the smooth progress of production, sales, and other links.
TISCE can provide factoring services for your company, enhance financial liquidity support and risk management, help you solve the problem of accounts receivable, reduce your credit risk and bad debt risk, and bring more development opportunities.
Currently being promoted, register TISCE for a free trial!
If interested, please click on https://www.tisce.com/?wst=x1_lt1 or contact WhatsApp: +65 80381075 |
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