P2P: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
m (Add category)
imported>Doug Williamson
(Extend to cover peer-to-peer lending. Source: The Treasurer, December 2015, p9.)
Line 1: Line 1:
Purchase-to-Pay.
# Purchase-to-Pay
# Peer-to-peer


== Purchase-to-Pay cycle ==
The purchase-to-pay cycle is about the trade finance cycle between an organisation and its suppliers.
The purchase-to-pay cycle is about the trade finance cycle between an organisation and its suppliers.


Line 6: Line 9:
#Mitigating delivery risk
#Mitigating delivery risk
#Extending the payment cycle as far as commercially reasonable.
#Extending the payment cycle as far as commercially reasonable.
== Peer-to-peer lending ==
Direct lending and borrowing between non-financial businesses, contrasted with traditional bank-based lending.






=== See also ===
== See also ==
*[[Payables management]]
*[[Payables management]]
*[[Creditor days]]
*[[Creditor days]]

Revision as of 13:21, 10 December 2015

  1. Purchase-to-Pay
  2. Peer-to-peer


Purchase-to-Pay cycle

The purchase-to-pay cycle is about the trade finance cycle between an organisation and its suppliers.

The primary concerns of the purchasing organisation are normally with:

  1. Mitigating delivery risk
  2. Extending the payment cycle as far as commercially reasonable.


Peer-to-peer lending

Direct lending and borrowing between non-financial businesses, contrasted with traditional bank-based lending.


See also