|
|
NO COST TO THE BUYER IN THE SUPPLY CHAIN
- additional working capital/liquidity without borrowing costs
- extended payment terms without Supplier resistance
- no change required in Buyers' business processes
- Buyers' rights protected and enhanced in trade dispute scenarios
- rapid settlement improves Supplier relations
- reduced workload in Purchase Ledger departments by:
- reduced payment queries
- aggregating payments via Transaction Mercantile reduces number of payments
- outsourced payables processing (if required)
- can remove the need for documentary credits in international settlements
- dramatic improvement in statutory reporting of payment performance
- meets government requirements for timely payment of suppliers
|