There is a cash flow disconnect that exists between organizations, of different sizes, across different industries and in different locations. This is often driven by differing needs within the supply chain.
As a supplier you want certainty that payment will be made to the terms agreed with your customer, or even before. As a buyer you will want to issue payment terms for the goods and services you consume that match the cash benefit to you, or you will leave a gap in your working capital that needs to be funded.
Proactis Holdings Plc (LON:PHD) develops and sells business software, and provides installation and related support services in Europe and the United States. The company offers Spend Control and eProcurement solutions that help organizations to improve operational and financial performance by enhancing the way they buy various goods and services.