General Bookmarker28 Mar, 2024Finance
This is a practical approach for businesses to save operational costs and efforts that would be used in the process of recovering payments. While it can expedite the payment process, how does it affect the customer-supplier relationship? To address this question, this blog will delve into the strategy of early pay discounts, its working and how it can help unlock cash flow. The blog will also discuss implementing early pay discount using accounts receivable automation software.
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