Continuing on the topic of Supply Chain Finance (SCF), Aberdeen provides actions for companies based on their best-in-class status as highlighted in the report, “The 2008 State of the Market in Supply Chain Finance,” Table 2 below allows you to determine where your organization fits:
When a company sets out to improve its SCF practices, having a holistic approach is important to understand the cross-functional impact of the proposed changes. After defining your organization’s status, Aberdeen suggests the following actions:
Laggards:
- Institute the basic automation capabilities for streamlined AR/AP processing
- Identify areas for improvement.
- Adopt a mindset for the end-to-end financial supply management.
Industry Average:
- Adopt a mindset for the end-to-end financial supply chain management.
- Structure more complex financing programs.
- Select a SCF technology roadmap.
Best-in-Class:
- Integrate physical and financial supply chains.
- Adopt advanced technology.
For more information on this topic or additional information on the actions described above, you can download a free copy of the report by clicking here.

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