Transforming Supply Chain Resilience: The Power of Virtual Cards
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Description
In episode 2 of our three part series, HSBC and Coupa collaboratively explore the potential of virtual cards to revolutionize supply chain resilience and bolster support for smaller suppliers. David Brown from HSBC and Darren Blair from Coupa emphasize the significance of timely payments, highlighting how they can significantly enhance the cash flow of smaller suppliers, enabling them to make critical investments and ensure a robust supply chain. Virtual cards are showcased as efficient tools that streamline payment procedures, offer real-time visibility and reporting capabilities, fostering trust and nurturing stronger relationships between buyers and suppliers. As businesses increasingly recognize the value of supporting smaller suppliers, virtual cards emerge as a vital tool in creating a resilient, inclusive, and sustainable supply chain ecosystem. Join us. Hosted on Acast. See acast.com/privacy for more information.
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Published 04/18/24
Published 04/18/24