More companies today are implementing blockchain technology to apply smart contracts across commodities transport to capture efficiencies and cost savings. By automating payments between the network of intermediaries necessary to move a commodity end-to-end from production, participants can increase access to free cash flow, a must in today’s market climate.
Where Invoices Go To Die
Many business managers quietly admit that they are under continuous pressure to cut administrative expenses. Their admonitions often remind me of one of my early employment experiences.