Market commentators are expressing concerns about an increasingly used form of credit: supply chain finance. Although not a new product, demand for such financing has risen and may continue to do so due to the Covid-19 pandemic. Many are now concerned that this “hidden” form of financing a company’s supply chain may become more prominent, or be subsequently revealed as more commonly utilised, as companies globally manage cash flow needs.
In FRA Partner Neil Keenan’s bylined Accountancy Today article, “Supply chain finance: a risk awakened,” Neil explores the risks associated with using supply chain finance, as well as how such arrangements may reveal forms of fraudulent activity or inappropriate conduct.
