Is Fintech in Supply Chain the Next Digital Disruption?

Gyan Consulting31 Mar, 2023Technology

Fintech companies are playing an increasingly pivotal role in the supply chain landscape, greatly influencing supply chain companies. Acting as intermediaries between suppliers and buyers, these companies are enhancing the financial domain and providing benefits to both parties. Their primary focus is on improving working capital and reducing contract processing costs for both suppliers and buyers. This approach has been successfully adopted in various domains, such as healthcare supply chains and equipment financing, and is now gaining popularity among small and medium-sized businesses.