Five Ways a Supplier Information Management Portal Can Help You Grow Working Capital
Working capital initiatives can be vital to the success of any business. They help you capture the cash needed to service debt, cover operating expenses and fund new projects that contribute to your firm’s future growth. If you work in procure to pay, you are in a unique position to impact working capital in a number of positive ways. You can adopt beneficial payment terms, offer early payment discounting programs, conduct audits to recover lost revenues – and more.