Trade Payables Discounting is one component of our full suite of financial supply chain services. This solution can also be combined with our Purchase Order-to-Pay Service, an end-to-end payables reconciliation solution for open account and letter of credit transactions, allowing you to further reduce the administrative effort associated with payables management.

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Bank of America's ... technology and enhanced functionality provide all supply chain participants with greater visibility into the cash flows associated with trade payables, which in turn drives reductions in working capital requirements as well as finance and operational costs.

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