Payment Terms SnapShot
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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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