The pandemic has exacerbated the need for a reliable supply chain. Solutions exist. But where does adoption really stand?
Supply chain finance
Optimizing working capital
28% of our energy clients have implemented a supply chain finance solution.
We believe this trend has the potential to accelerate as the global economic recovery accelerates.
Sales finance
Delivering off-balance sheet treatment and scalability
Energy clients with revenues between $10-50bn: 11%
Revenues in excess of $50bn: 24%
Compelling solution for energy companies witnessing rapid balance sheet growth fueled by both increasing volumes and raising commodities prices.
Virtual cards & p-cards
Complementing supply chain finance for tail-end expenses
13% of our energy clients have a virtual card program in place globally
26% in North America
34% of our energy clients have a P-Cards program in place globally
84% in North America
We see momentum in other regions, especially in EMEA
Recent market disruptions have re-instated the need for a reliable supply chain while strengthening the focus on working capital. Treasury has an obvious role to play in these fields, leveraging trade finance solutions to become an even more active and strategic ally to the business. J.P. Morgan can assist you in this changing landscape.
Connect with your J.P. Morgan representative to find the right Virtual Account Solutions for your business
Experience the future of supply chain finance
The Early Payment Program from J.P. Morgan and Taulia is uniquely designed to support an entire supply chain, accelerating payments and optimizing working capital–all with a single, agile and innovative global payments solution.
Inside Energy: why benchmarking treasury is crucial for the energy industry
The unprecedented rate of change in the Energy industry is driven by many factors, and has resulted in a shift in priorities for many treasurers. How can benchmarking within the sector help to chart a way for the future?
All data from J.P. Morgan internal research, August – September 2021
The views and opinions expressed herein are those of the author and do not necessarily reflect the views of J.P. Morgan, its affiliates, or its employees. The information set forth herein has been obtained or derived from sources believed to be reliable. Neither the author nor J.P. Morgan makes any representations or warranties as to the information’s accuracy or completeness. The information contained herein has been provided solely for informational purposes and does not constitute an offer, solicitation, advice or recommendation, to make any investment decisions or purchase any financial instruments, and may not be construed as such.
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