Australia-listed food and beverage company Coca-Cola Amatil (CCA) has implemented a supplier-finance programme whereby the businesses that supply it with raw materials can discount their invoices and obtain access to funding. In return, CCA has been able to extend its payment cycle, enjoying a working capital pickup along the way. Michael Braude, the company’s treasury operations manager, explains why the programme was implemented and what other companies considering such an offering should look out for.
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