Importance of factoring finance in supply chain management

Abstract

Whether you're a buyer or supplier, our strategic programs can help you unlock millions in working capital"". This is the tagline of PrimeRevenue; a global technology and solution provider operating the largest supply chain finance programs. Factoring or Supply Chain Finance is not only work with the working capital but also it helps the SMEs to overcome credit & liquidity crisis. As a result of globalization & excessive competitions & arising customer expectations, business face more complexity and uncertainty now than ever before Supply Chain is playing important role to keep the coordinating among the companies. Companies are realizing they need to optimize not only material and information flow but also the financial flow & Factoring or SCF helps with that financial flow.

This paper presents a comprehensive overview of the rapidly emerging SCF landscape & its broad application. Furthermore, it will help to identify the potential impact of SCM and scope of value creation for Supply Chain Finance.