SOURCE: Aberdeen Group

Aberdeen Group

March 02, 2011 11:15 ET

Supply Chain Finance: Facilitating Transactions for Improved Financial Performance

83% of Leading Companies Are More Likely to Have Online Visibility Into Financial Supply Chain Events Such as Purchase Order Submission and Invoice Approval

BOSTON, MA--(Marketwire - March 2, 2011) - A newly-released report, Supply Chain Finance: Gaining Control in the Face of Uncertainty, Aberdeen Group, a Harte-Hanks Company (NYSE: HHS), examines how Supply Chain Finance (SCF) is viewed in the marketplace, what it has to offer to those seeking to improve their financial performance, and what responding companies are planning for the future to improve competencies and expand technology adoption.

"At their core, supply chain finance solutions aim to improve an organizations' ability to put financial resources to their most productive use," states Scott Pezza, Senior Research Associate at Aberdeen Group. "When cash is tight, payments can be selectively disbursed to lengthen the payment cycle. In healthier times, additional savings can be derived by paying under an early discount program. In both scenarios, the key is control: the ability to react quickly enough to adjust strategy to current conditions."

This report hypothesizes that the keys to supply chain finance success are access to relevant information and the proper level of process efficiency to allow the organization to act on that information. "Leading firms outpace their peers in their access to trading partners' financial information. This is both a measure of the ability to effectively collaborate, as well as the ability to tailor financing methods based on the needs of an individual trading partner," explains Pezza. 

A complimentary copy of this report is made available due in part by the following underwriters: Deutsche Bank and Syncada© from Visa. To obtain this report, please visit: http://www.aberdeen.com/Aberdeen-Library/6833/RA-supply-chain-finance.aspx

Visit Research.Aberdeen.com for additional access to complimentary Financial Management & GRC research.

About Aberdeen Group, a Harte-Hanks Company
Aberdeen provides fact-based research and market intelligence that delivers demonstrable results. Having queried more than 30,000 companies in the past two years, Aberdeen is positioned to educate users to action: driving market awareness, creating demand, enabling sales, and delivering meaningful return-on-investment analysis. As the trusted advisor to the global technology markets, corporations turn to Aberdeen for insights that drive decisions.
As a Harte-Hanks Company, Aberdeen plays a key role of putting content in context for the global direct and targeted marketing company. Aberdeen's analytical and independent view of the "customer optimization" process of Harte-Hanks (Information - Opportunity - Insight - Engagement - Interaction) extends the client value and accentuates the strategic role Harte-Hanks brings to the market. For additional information, visit Aberdeen or call (617) 854-5200, or to learn more about Harte-Hanks, call (800) 456-9748.

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