24 Feb Supply chain democracy relies on your vote
Posted at 11:25h
in AP Automation, Dynamic Discounting, e-invoicing, Electronic Invoicing, Financial Supply Chain Management, Supply Chain Finance
Today, we're delighted to welcome a guest post from Lars Rolf Jacobsen - Financial Solutions Manager at Tradeshift.
Size matters. Throughout history, it has always been the case that the bigger company in a relationship has all the power. And financial transactions are no exception to this rule.
But the rise of the internet has leveled the playing field in some aspects of business. Now, any small company can use Skype to communicate for free with suppliers and buyers across the world. Whole workforces can be recruited and managed through the web, meaning that talent is cheaper and easier to control. And with e-commerce, any company can market and sell a product to a global audience.