Payment Terms SnapShot
![Payment Terms SnapShot Cover](/sites/default/files/styles/casme_4col_440w/public/whitepapers/Payment%20Terms%20Procurement%20Examiner%20%28SnapShot%29%20Summary.png?itok=iGCDq0qP)
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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