Prompt payment, at least for small suppliers, has gotten a great deal of attention this year. Nearly fifty companies, many of which are globally recognized brands, have signed onto the White House’s SupplierPay Pledge. Under the initiative, signatories pledge to pay SMB suppliers more quickly, or to provide access to alternative funding to accomplish the same goal. It’s great news for SMBs and an incredibly important development for the market as a whole.
Blue Hill Perspective: SupplierPay and the Next Stage of SC Finance
Posted on February 17, 2015 by Scott Pezza