The Latest Trends Uncovered for The Future of Purchase to Pay.
We've seen confidence levels fluctuate over the year as executives respond to a lacklustre economy and continued uncertainty around Brexit.
Few organisations have strong contingency plans to place in case of a hard Brexit and some are concerned about the implicated for their supply chain.
Access to cash remains difficult and with average payment terms for almost 30% of organisations being 50 days or more, it's likely that some organisations carry an embedded risk.
The dangers of complacency were highlighted in this year's high-profile collapse of construction company, Carillion. The delicate interconnected mesh of supplier relations, contract terms, payment terms and account practices needs to work for all concerned, without unobserved or uninvestigated gaps in the system.
Discover the latest trends uncovered by PPN Network in the latest webinar.