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Early Payments 2/10 Net 30 from Fantasy to Business Necessity

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Early payments are a win-win between the supplier and the buyer. Suppliers receive faster and more affordable working capital via fully secure payments. Buyers secure a reduction in spend and a more solvent supply chain all while eliminating payment risk.

Yet the effort has remained more theory than reality. Why? Dealing with a handful of suppliers is easy, but the complexity escalates for companies with thousands of suppliers spread globally.

But there’s hope. What started less than a decade ago as fantasy has matured into a critical tool for growing businesses. For the first time ever, a single corporation can connect digitally with thousands of suppliers — and in mere clicks — actualize the promise of early payments.

This page explains the differences between dynamic discounting and supply chain finance and includes a calculator for determining a return on investment for early payment programs.

https://tipalti.com/tipalti-resources/early-payments-net30-fantasy-reality/

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