In this 13-country study, pioneering finance managers in the manufacturing sector reported that they are diversifying their sources of finance to access sufficient capital funding so that they can invest in innovative digitalized technology.
The range of financing sources and techniques, including asset finance, allows manufacturers to accommodate the total cost of ownership approach to key technology. This, enables reliable financial planning, underpinning improved calculation of production cost-per-unit and creating the foundation for organizational reputation building – for product quality and service reliability to attract more customers.