Emerging trends in technology: bringing together the ecosystem of suppliers, buyers, banks, data providers and trading partners.(selected topic)

In a recent study published by Aberdeen, titled Technology Platforms for Supply Chain Finance, the burden of manual-intensive processing of financial transactions was ranked as the top pressure driving an increased focus on Supply Chain Finance (SCF) technology. Historically, the accounts receivable and accounts payable functions have been extremely manual and paper based. As a result, companies have been challenged by lack of resources and visibility causing poor cash flow, increased operational costs, inaccurate forecasting and higher bad debt expense.

During the past decade, solutions to help manage these issues have evolved, first through basic automation of ...