Hit a Working Capital and Discount Home Run with a Proactive Vendor Payment Strategy

September 13, 2018

Share

By Robert Jaffe  - Controllers with the vision to see profit potential in accounts payable have a unique opportunity to deliver several cents a share in earnings for their organizations. Such measureable results have been evidenced in more than 100 AP systems over a period of 23 years when a coordinated vendor payment strategy is implemented between AP and procurement. Strategies Here are some strategies that will increase the AP balance and generate discount income: Pay suppliers from the…

  Become A Member

Join IOFM today as a Professional, Business, or Enterprise Member — or upgrade your Starter Membership — to get access to this content and thousands of other Articles, Webinars, Expert Answers, Resource Downloads, and more!

Join Today

Subscribe to our Monthly Insider

You may unsubscribe from our mailing list at any time. Diversified Communications | 121 Free Street, Portland, ME 04101 | +1 207-842-5500