Dynamic Discounting

22 May

Posted at 16:49h in Dynamic Discounting, e-invoicing, Electronic Invoicing, Financial Supply Chain Management, Intelligent Data Capture by
1 Like
Purchasing Insight logoWe all know that manual processes are inefficient. We all know that the use of paper based business processes is increasingly becoming an anachronism in the 21st century and we all know that AP automation is a good idea. But have you ever stopped to consider how much money is being wasted by not taking action?

10 Nov

Posted at 16:04h in Dynamic Discounting, e-Procurement, Electronic Invoicing, Procurement Software, Purchase to Pay, Purchasing Card by
1 Like

Mathematics is fascinating,  not simply because of its mystery - detailed understanding of modern mathematics is beyond most of us - but also because of the amazing theoretical journey that mathematicians go on to reach practical destinations. So called “imaginary” numbers had been described in...

16 Oct

Posted at 11:16h in Dynamic Discounting, Purchase to Pay, Purchase to Pay Process, The Rest, Working Capital Management by
0 Likes
Purchase to Pay, P2P and Dynamic DiscountingThere's much talk about dynamic discounting and how it can yield significant returns on investment but dynamic discounting is absolutely not the first step in extracting value out of purchase to pay optimization - it is the final step. Let's go back to basics and remember that P2P is not a core function of an organization. Rather, it supports the core functions such as sourcing and procurement, accounts payable and finance. Purchase to pay develops and installs synergy across the physical and financial supply chain and uses technology to support better ways of working to reduce the cost of doing business with suppliers.