While SCF has been widely adopted in Mexico and, to a lesser extent, in Brazil, it has struggled to gain momentum in other major countries in the region. Changing economic conditions across Latin America could be poised to give SCF a boost.
Developing a higher level of working capital competence sounds relatively simple, but the execution can be quite complex. From the warehouse to the sales desk, from procurement to finance, everybody needs to work together to achieve a common working capital goal.
UK corporates are looking beyond Western Europe for growth, with the CEE region attracting particular attention. Moving from traditional trade finance instruments to digital tools such as the Bank Payment Obligation (BPO) can help mitigate the risks in these markets.