"Large corporate are hoarding cash at unprecedented rates while stretching supplier payment terms. At the same time, availability of credit for smaller and mid-size suppliers is very tight, which creates a market condition ripe for dynamic discounting" Hackett Group: Webinar: “Build Your Business Case for Procure-to-Pay Automation,” September 22, 2011

 

To read more about this trend, the following article discusses "Cash-hoarding companies: prudent or part of the problem?" What are your thoughts? Do you agree?

 

http://www.theglobeandmail.com/report-on-business/economy/cash-hoarding-companies-prudent-or-part-of-the-problem/article2180958/