___________ refers to a set of technology and finance-based processes that strive to optimize cash flow by allowing businesses to extend their payment terms to their suppliers while simultaneously allowing their suppliers to get paid early.
A)Cash flow management
B)Supply chain finance
C)Flexible payment system
D)Supplier credit float

Question

Quizplus · Accepted Answer

Supply chain finance is a set of technology and finance-based processes designed to optimize cash flow. It achieves this by extending payment terms for the buying company while allowing suppliers to get paid earlier, thus benefiting both parties in the transaction.

___________ Refers to a Set of Technology and Finance-Based Processes