Infor Nexus Supply Chain Finance Description
The supply chain's health is directly affected by capital-related risks. Many suppliers are struggling with high prices and long payment terms. For a business to succeed, it is crucial to have enough working capital. A networked approach to buyer-supplier-finance-provider relationships uses data to enable new, innovative financing programs that free up working capital while benefiting everyone involved. Suppliers have more options to obtain cash at affordable rates. Buyers reduce stress and pain in their supplier relationships. The supply chain as a whole operates in a healthy, collaborative atmosphere. Suppliers can benefit from invoice discounting programs that offer higher returns on cash and lower costs of goods. To minimize capital costs, ensure supply and reduce the cost of goods, businesses can offer programs at rates that are lower than suppliers' borrowing cost.
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