A/P Series Part 1: What is Supply Chain Financing?
According to investopedia.com, “Supply Chain Finance (SCF) is a set of technology-based business and financing processes that link the various parties in a transaction — buyer, seller
While that definition is fine, it does not explain why SCF is gaining such tremendous popularity by banks, lenders
As a bank or lender, your clients and potential clients often overlook A/P in terms of optimizing their working capital. By offering your clients an ArtisPay SCF program, you can bring multiple strategic A/P elements to your client’s businesses, which will further solidify your relationship with them. SCF will do wonders for your clients’ A/P, their business and their business relationships.
Over the next few
For more information, contact the Artis Trade team via email at [email protected].
A founder of Artis Trade Systems, Jamie Clemons, CPA, started his career working in business risk consulting at Protiviti after attending the University of Arizona on an academic scholarship where he graduated Summa Cum Laude with dual degrees in Finance and Accounting. During his time in consulting, Jamie served clients in various industries including Airline, Banking, Software, Pharmaceutical, and Education among others.