The Trade Financing Category

U.S. Companies Improve Working Capital Performance — But Is It at the Expense of Suppliers?

finance

U.S. companies’ working capital performance is at its strongest since 2008, according to The Hackett Group. However, this is in large part a result of companies shifting their working capital burden on to their suppliers by extending payment terms. The average days payable outstanding in 2017 was 56.7 days, 3.4 days more than in 2016. This data comes from The Hackett Group’s 2018 U.S. Working Capital Survey of the 1,000 largest non-financial companies with headquarters in the U.S.

Best Practice Tips For Implementing Dynamic Discounting and Other Trade Financing Programs [Plus+]

In this Spend Matters Plus analysis, we investigate some of the key best practice tips for dynamic discounting implementation and trade financing programs. In a follow-up post, we will also share “worst practices” that far too many procurement and AP organizations are pursuing with dynamic discounting and trade financing programs because they don’t know better.