P2P: Difference between revisions
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imported>Doug Williamson m (Add category) |
imported>Doug Williamson (Extend to cover peer-to-peer lending. Source: The Treasurer, December 2015, p9.) |
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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. | ||
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#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 == | |||
*[[Payables management]] | *[[Payables management]] | ||
*[[Creditor days]] | *[[Creditor days]] | ||
Revision as of 13:21, 10 December 2015
- 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 primary concerns of the purchasing organisation are normally with:
- Mitigating delivery risk
- 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.
