Trade Finance Global (TFG) latest issue of TRADEFINANCETALKS, we hear about Payables Finance, the treasurers' 'secret sauce', live from the Global Supply Chain Finance Forum (GSCFF)



S1, Episode 49: Misuse of Payables Finance



The buyer-led programme, payables finance, is aimed to benefit both buyers and sellers, optimising working capital and the cash conversion cycle, whilst at the same time, providing sellers with alternative, potentially cheaper sources of capital, whilst allowing suppliers to get paid earlier.



The supply chain finance technique of payables finance is regarded by the industry as a useful and beneficial tool for both buyers and suppliers. Yet recently, it’s come under significant scrutiny by the press, financial Ombudsman, and various regulators around the world. Add to this, the financial distress wrought by the Covid-19 pandemic, with SMEs tending to be the first to feel the effects of financial crises.



TFG's Deepesh Patel spoke to Peter Mulroy, FCI, Stacey Facter, BAFT and Christian Hausherr, Deutsche Bank and GSCFF.

Listen now on Apple Podcasts, Spotify or your favourite Podcast App: https://www.tradefinanceglobal.com/posts/podcast-s1-e49-misuse-of-supply-chain-finance-worrying-but-not-widespread-says-gscff/