Bringing Supply Chain Finance into action is another rigid but crucial task that needs to be implemented. Usually, when we look at the long process of supplier payment that has little or no digital intervention, we come up with the following loopholes:
To counter these problems, a Supplier Portal is a must-have. With a supplier portal, not only the client can streamline the entire process but also, the platform gives 100% visibility to the Supplier at every stage of the cycle. In fact, end-to-end digitization of supply chain operations is ensured, right from Purchase Requisition to Payment.
When you opt for a Supply Portal, you increase the chances of bringing in an efficient and transparent Supply Chain Cycle by encouraging Supply Chain Financing.
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