2.3 Trillion USD : The global macroeconomic impact of paying suppliers earlier…

September 13, 2016  |  Research, Supply Chain Finance

There is a lot of talk about how supplier financing saves you millions each year and gives your suppliers access to much needed cash. But beyond how this benefits you and your suppliers, imagine a world where all of the largest companies gave their suppliers access to early payment financing – what impact would this have on the global scale?

Pete Loughlin at Purchasing Insight calculated the numbers to answer this exact question, and the results are staggering.

Source: http://resources.taulia.com/h/i/54086101-2-3-trillion-the-macroeconomic-impact-of-paying-suppliers-earlier/80208

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