oboloo Glossary

Financial Supply Chain

oboloo Glossary

Financial Supply Chain

Financial Supply Chain is the process of managing payments and transfers between businesses across multiple tiers of a supply chain. It encompasses everything from vendor payments to customer invoicing, and it relies on complex networks of banks, financial principals, technology providers, data suppliers, and vendors. Used strategically, Financial Supply Chain offers businesses an effective way to track inventory, reduce operational costs, and build stronger relationships with suppliers and customers. With its comprehensive approach to financial management, Financial Supply Chain opens up new opportunities for businesses of all sizes and industries.