Supply-chain survey highlights rift between CFOs and banks

09/26/2010 | CFOZone.com

Nearly 80% of firms blamed banks for holding up supply-chain initiatives by providing too little information, according to a survey from Aite Group. With enough data, CFOs "can employ a vast array of financial instruments and practices -- such as factoring, reverse factoring, forfeiting, inventory financing and payables discounting -- to help the company meet its working capital objectives," says Enrico Camerinelli, the report's author.

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