Laura Schroder
Vice President, Global Product Marketing

Cash is the oxygen of your business but the cash companies need to drive growth is often tied up in inefficient billing, payment and collection processes. What are three ways to improve cash flow in the supply chain once you’ve automated processes and improved collaboration across the finance function?

To help answer questions like these we hear every day, Basware has created a new video series on unlocking value in the supply chain.

In part four of this five part series on unlocking value in the supply chain, we’ll take a look at the value created by buying and selling in an open B2B network. In an open B2B network, it’s easier to collaborate with business partners and exchange purchase orders and invoices electronically.

With improved collaboration and information exchange, suppliers have reduced receivables risk while buyers benefit from more flexible payment programs, making it easier to optimize cash management strategies across the business.