Many suppliers to small and medium sized enterprises (SMEs) are still recovering from the crippling blow dealt to the global financial system a decade ago. After the Federal Reserve implemented new regulations in 2008, banks tightened lending standards and in turn, large corporations were forced to implement new strategies to improve access to working capital cash trapped in the supply …
Supply Chain Finance: Optimize Working Capital Management
Supply Chain Finance (SCF) is quickly becoming a popular strategy to optimize working capital management. With many small and medium sized enterprises (SMEs) still recovering from the crippling blow dealt to the global financial system a decade ago, Paygevity SCF offers a “win-win” solution for corporations and their vendors struggling to find balance. Supply Chain Disruption In 2008 the Federal …
Corporations Benefit from Paygevity’s SCF Program
Supply Chain Finance (SCF), also known as reverse factoring, is a tool used to optimize working capital management and liquidity. This tool is used globally, by corporations and governments abroad looking to invigorate their economies. Corporations can benefit from Paygevity’s SCF Program in various ways from paying down debt to funding acquisitions. What is Supply Chain Finance? A supply chain …