Paygevity’s SCF program presents several benefits for corporations interested in extending days payable 120 days and beyond, and at the same time, rewarding suppliers with immediate payment on their invoices.
It fosters a mutually equitable relationship that stimulates growth and innovation.
Corporations “win” with Paygevity by optimizing their working capital management.
Upon implementing Paygevity’s customizable SCF program, corporations can expect to see increases in free cash flow over the course of many years.
Paygevity’s working capital platform frees up cash in order for corporations to be better able to compete, invest and grow. Typically, this excess free cash flow can be used to:
- Invest in R & D
- Pay down debt
- Re-invest in capital expenditure initiatives
- Fund acquisitions
- Mitigate vendor supply chain risk
- Initiate stock buybacks
- Raise dividends
Paygevity SCF allows corporations to extend payments on vendor invoices (i.e. extending DPO) in order to free up cash flow. In turn, corporations can invest that cash in value creating activities to maximize its shareholder value.