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The working capital hiding in your payment mix
['U.S. Bank']
CFO Dive - Latest News
It was working capital sitting on the wrong side of a clearing window.
Virtual cards, by contrast, offer considerably more working capital opportunity.
This is a meaningful advantage for companies restructuring their supplier base around card and virtual card rails.
"These suppliers provide a large opportunity to gain working capital benefits with this volume."
Understanding what your payment mix is really doingMost companies didn't choose their current payment mix; it accumulated over time, one supplier negotiation at a time.