Hugh Young, General Manager at Octet, spoke with Procurious about best practice tips for mitigating risk when transacting with overseas businesses.
“A high percentage of procurement professionals aren’t doing everything in their power to mitigate risk when trading with overseas countries, according to an Australian fintech startup.
Trade with international countries can be fraught with issues, warns Hugh Young, General Manager at Octet. And while there are tools on the market to help mitigate risk, there are plenty of major companies that continue to trade without any kind of secure platform in place.”
To read more head to Procurious.