Policies for Taking Vendor Discounts

February 9, 2015


Organizations often have a difficult time processing invoices in a timely enough manner to qualify for early payment discounts. Fortunately, technology has improved processing times, and there is an increasing ability to capture more of these valuable discounts. But just how do they do it? IOFM surveyed its members and found that the policies that organizations follow for taking vendor discounts on invoices vary to a substantial degree. The most common approach, used by more than 40 percent of…

  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