Blockchain and Digital Invoice Finance — What’s Missing?
DAVID GUSTIN, Chief Strategy Officer, The Interface Financial Group July 2, 2019 What is the most resilient parasite? Bacteria? A virus? An intestinal worm? An idea. Resilient … highly contagious. Once an idea has taken hold of the brain it’s almost impossible to eradicate. — “Inception” (2010) Similar to an idea in the movie “Inception,” […]
Can Source-to-Pay Networks Go Beyond The Approved Invoice?
DAVID GUSTIN, Chief Strategy Officer, The Interface Financial Group June 11, 2019 “The phrase ‘it’s better to be lucky than good’ must be one of the most ridiculous homilies ever uttered. In nearly any competitive endeavor, you have to be damned good before luck can be of any use to you at all.” ― Garry Kasparov, “Deep Thinking: […]
Large Companies Lack Cash to Fund Their Supply Chains
DAVID GUSTIN, Chief Strategy Officer, The Interface Financial Group August 13, 2019 The popular opinion has been that many large American companies are flush with cash. In fact, surveys from some reputable institutions support this view. The AFP’s corporate cash survey found during the second quarter of 2019, U.S. businesses continued to build their cash […]
Risk Management in Early Payment Solutions
PETER JACOBSTEIN, Chief Strategic Partnership Officer, The Interface Financial Group January 14, 2020 Buyer-led early payment programs are growing fast. Fully 55% of companies surveyed in PWC’s 2018/2019 Supply Chain Finance Barometer are running some form of early payment program. Broadly, as Buyers extend their payment terms, offering early payment is a critical part of […]
A Message from IFG: Coronavirus
Access to working capital has never been more critical for corporate buyers and their suppliers. Here’s what IFG is doing to help. First and most important, we hope you are healthy and safe. We’re living through extraordinary times. The economic waves triggered by the coronavirus outbreak are just starting. For virtually every company, access […]
Next wave innovations in supplier finance
Throughout this decade with the growth of buyer-led supply chain finance programs or buyer-sponsored early payment services, teamed with the increase in attention to SCF services in general, we have witnessed significant technological transformations within the industry.