We manage our physical supply chain to procure and produce products. In a similar fashion, we need to also manage our supply of cash through the Accounts Receivable process, using Financial Supply Chain (FSCM) principles.
The SAP Value Engineering / ASUG benchmarking surveys have found that on average, the percentage of overdue accounts receivable is 15.9! By comparison, the percentage for top performing companies is 1.2.
What does FSCM involve, and how does it help?
Watch the video to find out!