RESEARCH / WHITE PAPERS

ENTERING A NEW ERA OF MATURITY
State of Supply Chain Finance Industry - 5th Publication

By all means, we do not need another supply chain finance book or publication. It seems Supply Chain Finance (“SCF”) is the new Plastics! But what is lacking in much of the supply chain finance stories is true unbiased content. Much of what is discussed with supply chain finance comes from a vendor pushing their solutions or consultants who do not have a corporate perspective.  

Global Business Intelligence has produced the State of Supply Chain Finance Industry to help companies understand the broader vision of supply chain finance, and how it fits within their entire ecosystem. We also want to help alleviate the confusion around vendor propositions and to help CFOs, Treasurers, CPOs, and finance professionals better understand the myriad of issues around supply chain finance. The increasing need to manage working capital has made this space a fast-changing market and there are a significant number of vendors with solutions. 

It is not an exaggeration to say that it is an incredibly exciting time to be working in trade credit, working capital, and finance.  We live in a world where access to business credit is challenging for many, particularly small business, middle market companies, companies in emerging markets, start-ups, and many others without an investment grade rating.

We would like to thank our Sponsors below for helping us develop the material that we hope will provide some insights into solutions you pursue for your supply chain.
If you are interested in purchasing this report, please contact
Global Business Intelligence for further details.
CORPORATE AND EARLY PAY STRATEGIES
No Supplier Left Behind a Coming Reality?

A Project focused on understanding Corporates and their Early Pay Supplier solutions
​
This 66 page report features highlights from over 30 discussions with large companies and their global purchase to pay heads on the following subjects:
  • The governance model around Procurement/Treasury/Finance
  • What early pay solutions are companies offering to their supplier base?
  • Are Corporates self-funding via dynamic discounting, using hybrid models,
    or pure third party?
  • What has been the experience from these companies perspective of onboarding suppliers?
  • What are their Purchase to Pay IT investment priorities?​​

If you are interested in purchasing this report, please contact
Global Business Intelligence for further details.
NEW ERA OF RECEIVABLE FINANCE
Why Commercial Finance should care about Purchase to Pay and Supplier Networks 

Global Business Intelligence conducted this research to help finance companies become more aware of how they can work with P2P and Suppler networks.
​
This 99 page report delivers on three objectives:
  1. How material is the Early Pay and Marketplace Lending market and how material will it be in a three to five year time horizon? 
  2. Asset Sources or Vendor Propositions - Who manufactures these assets to transfer to non banks and how do they do it? Examine how vendors are using advanced dynamic discounting, factoring and supply chain finance to add to their Supplier and B2B Network functionality. Describe various partnering models that are working today and how investors around Supplier and B2B Networks are buying into trade credit (inter-firm trade).
  3. What are finance companies options to work with networks? How can the banking sector get involved in the transition?  What steps can they take?
If you are interested in purchasing this report, please contact
Global Business Intelligence for further details.
ELECTRONIC INVOICE MARKETPLACES
To Sell or Not to Sell?

Auction-based invoice finance has generated considerable interest within the finance industry because it provides new opportunities for companies to find alternative sources of liquidity and it also provides new opportunities for institutional investors to invest in short term receivables at attractive yields.  The Receivables Exchange (“TRE”), established in 2007, was the first real-time online marketplace for working capital financing.  Since that time, invoice auction markets have been started in many countries.  This whitepaper looks at the following:

1.   What are Electronic Invoice Marketplaces?
2.  How do they work?
3. Who are the parties to an Invoice Exchange and what are their Roles?
4.  Investors and Benefits to Buying Assets an Exchange
5.  Benefits and limitations of Auction-based finance     
6.  Market size and Current Players.
​
If you are interested in purchasing this report, please contact
Global Business Intelligence for further details.
2015 ALTERNATIVE FINANCE VENDORS TO WATCH

The Tungsten Network and Taulia are making an einvoicing proposition dead without finance.  There is much activity around new models for finance that threaten traditional lending, factoring and small business lending.  The report looks at vendors offering solutions around Purchase to Pay, eInvoicing, and networks that embed some element of early pay finance, essentially inside information on 15+ vendors and not all the hype and BS you read about in the press or via so called journalist publications that regurgitate Press releases.

We positioned and evaluated a subset of market leaders and innovators in detail, including GXS (now part of OpenText), Nipendo, Ariba (SAP), GT Nexus, Basware, C2FO, and many others.

If you are interested in purchasing this report, please contact
Global Business Intelligence for further details.
CRACKING THE CODE
STATE OF THE SECONDARY MARKET FOR TRADE FINANCE ASSETS

Global Business Intelligence interviewed a broad spectrum of potential non traditional trade finance investors to explore their interest in trade finance as an asset class. External forces are driving the need for banks to understand non bank investors risk and return requirements to help guide new product development initiatives around investing in trade finance. 

We spoke with senior execu­tives at Insurance, Pension Funds, Hedge Funds, and Endowment Funds, along with the Asset Managers (“AM”) and consultants that support these Institutional Investors to develop insights and connect the dots. The work is qualitative as opposed to quantitative. 

This report is 54 pages long and covers the following:

·  Introduction
·  Executive Summary 
·  Key Findings
·  Trade Finance Product Sets 
·  Traditional Trade 
·  Supply Chain Finance   
·  Medium to Long Term ECA Export Assets
·  State of Non Bank Investment Today
·  Potential Investment Structures
·  Investor Type and Risk/Return Profiles
·  Insurance, Pension Funds, Hedge Funds, etc. 
·  Future Role of Asset Managers
·  Regulator Issues 

If you are interested in purchasing this report, please contact
Global Business Intelligence for further details.
TO RECLASSIFY TRADE PAYABLES OR NOT? 
Early Pay Programs and their
​Accounting Treatment

As more companies adopt early pay programs, including self funded and third party supply chain finance (SCF) programs, concerns are growing that third-party arrangements could trigger accounting problems.  Trade Finance Matters examines the background and where we are today.  

 This paper looks at:
 
1. Background of this issue
2. Nomenclature around Self funded and Third Party programs
3. Auditors and the relationship with their clients
4. Vendor Criteria to determine Trade Payable or Trade Debt
5. Early Pay vendors with third party models
6. Summary and Conclusions 

If you are interested in purchasing this report, please contact
Global Business Intelligence for further details.