Details

Procurement Finance


Procurement Finance

The Digital Revolution in Commercial Banking
Palgrave Studies in Financial Services Technology

von: Bernardo Nicoletti

128,39 €

Verlag: Palgrave Macmillan
Format: PDF
Veröffentl.: 24.12.2018
ISBN/EAN: 9783030021405
Sprache: englisch

Dieses eBook enthält ein Wasserzeichen.

Beschreibungen

<p></p><p>This book presents a business model on how to structure the relationship between financial services and procurement. The need&nbsp;for&nbsp;new models is particularly important to support small and medium enterprises (SMEs) where there is an evident difficulty in accessing credit.&nbsp; Due to this context, innovative solutions must be introduced.</p><p>The objective of this book is to determine how innovation can support the dynamic and volatile international context and the increasingly relevant function of procurement. It is&nbsp;becoming&nbsp;more and more&nbsp;important to take into account complex international transactions with notably long payment terms. Organizations need to manage&nbsp;the best way to&nbsp;handle the financial relationships and the risks related to credit provision and payments. This book&nbsp;presents&nbsp;an end-to-end support to procurement, including trade finance, supply chain finance, and related payments.</p><p>In addition, the enterprises need to keep sufficient liquidity levels in the short and medium term. This is a constant challenge today, with the&nbsp;turbulence of financial markets and a continuing climate of economic uncertainty making&nbsp;it harder to obtain external funding. Businesses need to optimize the working capital. This can be done through the innovative concept of procurement finance, which allows SMEs to benefit by the new vision of collaborative procurement.</p><p> </p><p>This book&nbsp;provides&nbsp;several practical examples of advanced procurement finance solutions. It demonstrates how the use of process improvement and technology can help in overcoming the current financially&nbsp;difficult situation. In addition, based on the business model presented, the integrated approach to procurement finance allows sustainable solutions which will be of interest to academics, researchers, managers, and practitioners in both buyer and vendor companies,&nbsp;as well as in banks and other financial&nbsp;institutions.</p><p><br></p>
Chapter 1. Introduction to Procurement Finance.-&nbsp;Chapter 2. Procurement Processes and Finance.-&nbsp;Chapter 3. From Trade Finance to Supply Chain Finance to Procurement Finance.-&nbsp;Chapter 4. Agile Procurement Finance and its KPI.-&nbsp;Chapter 5. New Solutions for Procurement Finance.- Chapter 6. Fintech and Procurement Finance 4.0.- Chapter 7. Procurement Finance for the Small and Medium Sized Enterprises.- Chapter 8. Conclusions on Procurement Finance.&nbsp;<div><br></div>
<p></p><p><b>Bernardo Nicoletti</b> is&nbsp;a&nbsp;Professor&nbsp;of Operations Management at&nbsp;Temple University, Rome. He also provides consultancy advice and coaching in Europe and Asia on ICT strategy, process improvement, and procurement. In his research, Bernardo has been particularly active in the application of&nbsp;the&nbsp;agile&nbsp;method and its tools to&nbsp;a variety of&nbsp;industries. He&nbsp;has authored 30 books on management and&nbsp;published 250 articles in domestic and international journals.&nbsp;&nbsp;He frequently speaks at international conferences.</p><br><p></p>
<p></p><p>This book presents a business model on how to structure the relationship between financial services and procurement. The need&nbsp;for&nbsp;new models is particularly important to support small and medium enterprises (SMEs) where there is an evident difficulty in accessing credit.&nbsp; Due to this context, innovative solutions must be introduced.</p><p>The objective of this book is to determine how innovation can support the dynamic and volatile international context and the increasingly relevant function of procurement. It is&nbsp;becoming&nbsp;more and more&nbsp;important to take into account complex international transactions with notably long payment terms. Organizations need to manage&nbsp;the best way to&nbsp;handle the financial relationships and the risks related to credit provision and payments. This book&nbsp;presents&nbsp;an end-to-end support to procurement, including trade finance, supply chain finance, and related payments.</p><p>In addition, the enterprises need to keep sufficient liquidity levels in the short and medium term. This is a constant challenge today, with the&nbsp;turbulence of financial markets and a continuing climate of economic uncertainty making&nbsp;it harder to obtain external funding. Businesses need to optimize the working capital. This can be done through the innovative concept of procurement finance, which allows SMEs to benefit by the new vision of collaborative procurement.</p><p> </p><p>This book&nbsp;provides&nbsp;several practical examples of advanced procurement finance solutions. It demonstrates how the use of process improvement and technology can help in overcoming the current financially&nbsp;difficult situation. In addition, based on the business model presented, the integrated approach to procurement finance allows sustainable solutions which will be of interest to academics, researchers, managers, and practitioners in both buyer and vendor companies,&nbsp;as well as in banks and other financial&nbsp;institutions.</p><br><p></p>
Presents a business model on how to structure the relationships between financial services and procurement with new models Includes several practical examples of advanced Procurement Finance solutions Demonstrates how process improvement and technology can help in overcoming current financial difficulties

Diese Produkte könnten Sie auch interessieren: