Payment Terms SnapShot
Consistent cash flow is imperative for any business striving to meet its strategic expectations. As commodity prices and service costs continue to rise due to inflation, suppliers are de-risking their businesses and negotiating shorter payment terms. In contrast, buying organisations are seeking extended terms where possible, To ascertain the trends in working capital support for suppliers, a SnapShot benchmarking study of payment terms was conducted within the CASME membership.
DOWNLOAD THIS SNAPSHOT TO DISCOVER:
- Typical payment terms
- Supplier types being offered an alternative to the standard
- Types of working capital support being provided to suppliers.
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