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Automating the financial supply chain. (Selected Topic).

Business Credit

| April 01, 2003 | Meynell, David | COPYRIGHT 2003 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

"Discovery consists of seeing what everybody has seen and thinking what nobody has thought."

--Albert Szent-Gyorgyi, biochemist and Nobel Prize winner 1937

Looking back at notes made during a workshop that I was chairing in 1996, it was interesting to once again re-read my conclusions:

* In Trade Services we need to make the quantum leap from paper-based transactions to electronic data;

* Trade is hampered by an ever-growing demand for paper administration;

* Electronic trading is bringing advantages to many industries, but electronic trading within international trade has been slow to take off mainly due to impracticability ...

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