Supply Chain Finance: What's in it for procurement professionals?
February 01, 2017
Working capital and supply-chain finance are hot topics for today’s CFOs. But how do they translate into the world of procurement professionals?
The traditional role of the procurement function has been to reduce costs while maintaining an undisturbed supply. But this is changing. Nowadays, companies are increasingly focusing on working capital management, which means that finance and treasury departments often try to push longer payment terms onto suppliers. Procurement is then left to handle these difficult negotiations.
This webinar is designed to help procurement professionals deal with this changing scenario.
- Why are companies extending payment terms, and will suppliers hit back with price increases?
- How do longer payment terms impact the working capital performance of the buyer, and of the supplier?
- How can companies finance their working capital needs?
- Factoring is understandable, but what is reverse factoring?
- Back in the day, we had traditional cash discounts. But what are these dynamic discounts all about?
Who should attend: CPOs, CFOs and procurement professionals
Duration: 30 min
Lauri Holländer, Manager, OpusCapita Financing. Lauri works in co-operation with large European enterprises to solve working-capital related issues. He has extensive experience in developing purchase-to-pay processes and providing financing for supply chains.
Tapani Oksala, Solution Manager. Tapani is an expert in supply-chain finance and the optimization of working capital. He has more than a decade of experience in purchase-to-pay and international payment factory solutions, including various positions at OpusCapita. Earlier in his career he worked in corporate banking.
Watch Now the first SCF webinar:
Supply Chain Finance: Why should treasury sit in the driver’s seat?