The financial value chain management (FVCM) technology market will grow from $131 million in 2000 to $2.56 billion in 2005, says Aberdeen Group. Aberdeen finds that applying Internet-based financial applications to business-to- business trading can help enterprises shorten trade and settlement cycles, lower administrative costs, reduce working capital requirements, and reduce financial risks.

"Moving B-to-B financial processes onto the Internet affords enterprises, financial institutions, and marketplaces of all shapes and sizes a tremendous opportunity to make their online and offline business more efficient and effective," says Andrei Arkhipov, an Aberdeen senior research associate"Strengthening the financial operations of enterprises critical in this economic environment, in which funding is difficult to achieve for small companies, while large companies with undiversified accounts receivable could suffer extraordinarily high amounts of bad debt."

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