Knowledge Centre

Knowledge Centre

A Solution for the Future of B2B Commerce

Supply chains and the financial flows associated with them are at the heart of the economic crisis caused by the global Covid-19 pandemic. Disruptions and shutdowns propagate up the supply chains, and the financial and cash flow consequences threaten a credit chain reaction in the financial system. At the same time, massive but blunt central bank and government interventions are struggling to reach the recipients most in need of support.

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A better future

For more than a decade large firms have been able to support their suppliers with a range of supply chain finance (SCF) options. Yet, uptake of these programmes by SME suppliers has remained limited

Asking the right questions on slow payments

As the Government announces new enhanced powers for the Small Business Commissioner to tackle late payments, Paul Christensen, CEO and co-founder of Previse, points out that, unless these are coupled with reform to Prompt Payment reporting, they are unlikely to lead to practical changes for SME suppliers.

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More of the same won’t speed up invoice payments

Many of the most progressive businesses are enthusiastic about putting an end to slow supplier payments. However, says Paul Christensen, CEO and co-founder of Previse, the archaic nature of current payment practices mean speeding up existing processes is a futile task. Firms need to completely rethink how their suppliers get paid to meet their ethical obligations.

Knowledge Centre

AI & Learning – A Powerful Combination

As everyone arrives at NBC Congrescentrum near Utrecht for the Oracle CloudDay NL event, Previse is excited to be attending the exhibition as well as participating on a panel. As partnership manager at Previse, I’m really looking forward to connecting with other thought leaders at the event.