Financial leaders at corporations using purchase-to-pay systems want to leverage their increased efficiencies. At the same time, suppliers need to ensure they have the right amount of cash on-hand to be financially stable and grow their businesses.
Dynamic discounting helps both parties achieve their strategic goals. The dynamic discount program allows suppliers to choose which invoices they want to offer a discount on. Buyers receive the maximum discount on those invoices by paying on the earliest day possible and a moderate discount on invoices paid a little later.
Read our fact sheet to learn more about how dynamic discounting works and the benefits it provides to both suppliers and buyers.