Dynamic Discounting – the Sweet Icing on the AP Automation Cake « Electronic Invoice Blog

Let’s start this week’s blog off with a little confessional. I know out there are companies that take the discount they didn’t earn. They take the 2% and pay at 30 days (or beyond). Maybe the vendor relationship is strong enough to overlook the practice, but let’s not be naive about who eats that 2%. Suppliers aren’t naïve and will get their fair price wherever they can find it – even in...