For years, Supply Chain Finance has been part of the daily lives
of the EuroFinance community, from corporate treasurers, to
bankers and software vendors.
Amid the Greensill fallout, the industry is retrenching. The idea of
applying SCF to public sector procurement is discredited: after all, a
government that issues its own currency doesn’t need working
capital. It should simply pay small suppliers promptly rather than
enriching intermediaries like Greensill. And those who were once
close to Greensill, such as SCF vendor Taulia, have pivoted swiftly
away from it towards traditional bank funding channels.
In this special report, we have compiled key articles from the past
year that documented SCF’s rise and subsequent growing pains.