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Obama’s Quick Pay Initiative – Good for Business

by Tom Glassanos | Jul 17, 2014 | Early Pay Programs, Supply Chain Finance

The White House Office of the Press Secretary For Immediate Release, July 11, 2014   President Obama Announces New Partnership with the Private Sector to Strengthen America’s Small Businesses; Renews the Federal Government’s QuickPay Initiative As a part of his...

P&G, Big Companies Pinch Suppliers on Payments

by Tom Glassanos | Apr 1, 2014 | Extend Net Payment Terms, Supply Chain Finance

Wall Street Journal Tuesday, April 16, 2013 By SERENA NG Procter & Gamble Co. PG +1.02% is planning to add weeks to the amount of time it takes to pay its suppliers, a shift that could free up as much as $2 billion in cash for the consumer products giant, people...

How to Capitalize on Early Payment Discounts

by Tom Glassanos | Mar 8, 2016 | Dynamic Discounting, Early Pay Programs, Supply Chain Finance, Working Capital Savings

If you were fortunate enough to attend the Sharedserviceslink  Dynamic Discounting and Supply Chain Finance Summit that I chaired in February, you would have experienced two days of high quality discussions with senior Finance, Treasury and Procurement professionals....

AP’s New Imperative is to Get Profitable!

by Tom Glassanos | Apr 1, 2014 | Early Pay Programs

Much of AP’s attention rightly focuses on efficiency and compliance.  But  AP is discovering how working capital initiatives can yield as much as as 10 times more value.  With the advent of Early Pay Programs (EPP) and supplier financing, Accounts Payable has a...

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  • Driving Strategic Value from an Early Pay Program
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  • Obama’s Quick Pay Initiative – Good for Business
  • P&G, Big Companies Pinch Suppliers on Payments
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