E-invoicing beneficial to supply chain finance

Electronic invoicing enables effective supply chain financing, says Fundtech.

Banks and corporations are increasingly interested in tapping opportunities linked to supply chain transactions as credit availability continues to remain tight after the financial crisis of 2008, according to a report by global transaction banking solutions provider, Fundtech. The US-headquartered firm says that electronic invoice presentment and payment systems can magnify benefits associated with supply chain finance by automating a process that has traditionally been heavily reliant on paper-based and manual practices.

While banks...

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