Individuals and businesses increasingly demand that the packaging enclosing their products is not ecologically damaging, as awareness rises around the effect of packaging on the environment. Meanwhile, governments are pushing the packaging industry to reduce its environmental impact dramatically. Against this backdrop, cartonboard is gaining ever-greater favour and in many cases it is replacing plastic.
Funds' use of subscription lines and leverage facilities is evolving as managers seek to enhance
operational efficiencies and returns.
Debt funds and financial sponsors are increasingly calling on banks to provide subscription line and leverage facilities, in an effort to increase operational flexibility and boost returns. We speak to key market players to see how market participants are approaching these transactions.
Tax rules are updated daily around the world, which means getting purchase orders and invoices right the first time is far from straightforward. It presents a serious challenge to businesses of all sizes attempting to transact in different locations, but it also offers an opportunity to develop favoured buying relationships by getting the process consistently right.
In procurement, many departments aim to address the issue by manually keeping track of changing legislation in different parts of the world and then applying the rules to their purchase orders. But they regularly need to speak with sellers to correct tax on problematic invoices. Finding themselves over or underbilled for tax causes frustration with suppliers, aside from potential financial problems, so there is a strong incentive for buyers to ensure things are right from the start.
A selection of articles, reports and other content.