The Keys to Capturing Discounts

April 9, 2018

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Are You Missing Out on Millions? Early payment discounts can mean big savings for your organization. A standard 2 percent 10 invoice discount (the buyer receives 2 percent off for paying within ten days) can result in an annual 20 to 36 percent cash return. What this means is if you have a $100 invoice due in 30 or 45 days and pay $98 in ten days, you accelerated your cash by 20 days, which represents 36 percent annualized for a 30-day invoice term or 20 percent annualized for a 45-day term.…

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