Financial Supply Chain Management

Here's a first for me: Financial Supply Chain Management. It may be the new buzzword, the new mantra for consultants to use milk money from the bottom line. Financial Supply Chain Management is being sold as the next step to ERP -- for those companies that achieved some level of efficiency and cost reduction with the employment of ERPs. So what does Financial Supply Chain Management promise? The promise is: 1) Digtizing of paper documentation, 2) Automate financial transactions, 3) Automate liability management, and, 4) Implement working capital management. I don't want to be a critic, but does that sound like: 1) document management, 2) automated AP, 3) asset management, and, 4) planning and budgeting? Like I said -- bring out the consultants!

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