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Supplier demand for early payment has doubled over past five years, Taulia reveals

The number of suppliers taking early payment after invoice approval has doubled over the past five years, according to fresh research from supply chain finance (SCF) provider Taulia.  The San Francisco-headquartered fintech says in a paper published this week that 38% of suppliers surveyed currently make monthly use of early payment programmes, up from 19% .

38% of Supplier Survey Respondents Use Early Payment to Manage Working Capital, Up From 19% In 2017

38% of respondents take early payments monthly in 2021, up from 19% in 2017, according to a supplier sentiment survey conducted by Taulia, the leader in working capital technology solutions.

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