Punchout Lowers Procurement Costs And Improves Working Capital Performance

Accurate measurement of days sales outstanding (DSO) and days payable outstanding (DPO) are critical for assessing overall corporate financial health, since total working capital performance can only be determined when DSO and DPO are used in conjunction with days inventory outstanding (DIO), days working capital (DWO) and cash conversion cycle (CCC) metrics. The impact of an effective punchout process on the financial health of an organization can be significant since DPO can now be more actively and intentionally managed as a factor in optimizing working capital performance.  Seamless - The buyer accesses the supplier’s ecommerce store directly from their internal [...]