The Challenges of Supplier Financing Adoption within P2P
Our colleague David Gustin recently published a post detailing the results of a study on supply chain financing over at Trade Financing Matters, and I thought it would be worthwhile to expand the insights gained related to procure-to-pay (P2P) processes and solutions.
In his article 5 Hypotheses Tested on Supplier Use of Supply Chain Finance, Gustin explores some conclusions from a study developed by Prof. David Wuttke of EBS Business School together with Prof. Eve Rosenzweig of Emory and Prof. H. Sebastian Heese of North Carolina State University where they observed patterns of conduct on the subject of supply chain financing.
First, the study verified that small suppliers are indeed more interested in obtaining a quick payment benefit. This is not only because of their need for cash flow and…