Times have changed, and we are no longer with the old school "I do not take credit payments" trick. The times now demand lengthening of payment methods, and credit payment is one of the ways costs can be initiated and performed. In this tech world, the field of commerce brings out its essence by carrying out such procedures. What Is This? While the Supplier Finance Program is a relatively new concept, its origins have been around from time immemorial. We have always had goodwill in the commerce industry, and the commercial giants of this world have always had credit ratings. Simply put, the industry has set standards according to which the company is rated on how much they can afford to pay per month, and this also decides how much they can borrow and pay back later. Technicalities of the Initiatives The supply chain finance trends are a concept that includes the payment to a supplier by a third party on behalf of the consumer party. The ...