Accounting Considerations on SCF Transactions
DAVID GUSTIN, Chief Strategy Officer, The Interface Financial Group Whichever way you look at it and define it, supply chain finance has grown into a big number. And if you define it as using the balance sheet of a large company to offer early payment to some or all of its suppliers, it is […]
Why E-Invoicing Needs Machine Learning to Accelerate Invoice Finance
DAVID GUSTIN, Chief Strategy Officer, The Interface Financial Group December 18, 2018 In the past, most procurement organizations would admit to doing a generally poor job of linking buying processes to the actual receipt of invoices, the invoice approval process and the subsequent payment to suppliers. There have been many reasons for this, not the […]
A New Era of Early Payments is Here
To Reclassify Trade Payables or Not?
David Gustin, Managing Editor, Trade Financing Matters, IFG Chief Strategy Officer As more companies adopt early pay programs, including self funded and third party supply chain finance (“SCF”) programs, concerns are growing that third-party arrangements could trigger accounting problems. Trade Finance Matters examines the background and where we are today. Background With the […]