When exporters hear the word, FinTech - tech-based financial services — they dismiss it as just another digital tool that might one day make their jobs easier. That day has now arrived. FinTech solutions have revolutionized supply chain financing by converting long-dated invoices into cash faster. The breakthrough enables executives to manage their accounts receivable more adroitly. Most firms, especially smaller ones, live or die by their cash flows. But until recently, many finance folks were left waiting for corporate customers to pay their bills which were being stretched out well beyond 60 days.
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