#6 DigiPodcast: The Payment Terms Navigator: It's payback time

Bills accompany us always in our daily lives. Whether they are paid
on the same day or at the end of the month - they need to be
organized. For a private person this should not be a problem, but
what about a large company? In this DigiPodcast Episode, Thomas
Holzner talks with Prof. Dr. Juergen Schurig, who is responsible
for Digitalization at Siemens SCM Pooling, all about Payment Terms.
Payment Terms are the days between the purchase and the payment of
the invoice. They can vary greatly, depending on the supplier or
unit, and can quickly become confusing when thousends of orders are
placed. To organize these payment terms on a large scale at Siemens
SCM, Juergen developed in a team together with the Reporting
department an IT-application: The Payment Terms Navigator. Learn
more about this smart application for managing Big Data in this
episode of the DigiPodcast. Listen now!