Earn Early Payment Discounts from Your Suppliers

Working capital is one of the best ways to measure both the efficiency and the financial health of your company. It’s a key indicator of the operating liquidity ...

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Supply Chain Finance and Dynamic Discounting

2 MIN READ If you are a Shared Services Manager, you should be looking to optimize your supply chain working capital. The same goes for those in Supply Chain, Accounts ...

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Calculating the Full Value of AP Automation - Factors for Consideration

3 MIN READ Virtually every business that adopts and successfully deploys best-of-breed AP automation technology sees a quick and clear return on investment. By ...

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3 Keys to Optimizing Shared Services Performance

3 MIN READ Corporations have lofty expectations of their shared services teams. Gone are the days of justifying projects based on cost reduction only; today, shared ...

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7 Ways Electronic Invoicing Can Slash Your Administration Costs

It seems that everything is going digital these days — including invoicing. What used to be a time-consuming, costly task for businesses of all sizes can now be fast, ...

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The ROI for AP Automation

Industry benchmarks reveal that the business case for AP automation is more compelling now than ever before. Companies are now processing a record number of invoices - ...

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Direct Commerce Expands its P2P Platform in EMEA

Enhanced EU tax compliance, broader language and support capabilities, expanded global transactions templates.

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Successful P2P Change Management

Instinctively, every business manager knows what it takes to make change happen. It is obvious that a skilled, motivated team in a department receptive to change using ...

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Looking Forward: P2P Trends in 2017

As 2017 quickly gets underway, now is the time to kick-start new projects and build upon last year’s momentum. As you start this cycle, remember to consider these key ...

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Doing More with Less

Conference participants at the 11th Annual Finance Transformation Forum in September agreed that cost pressure is increasing while at the same time, business complexity ...

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Driving Value Creation at the Top Line

Today, corporations have lofty expectations of their finance teams. Gone are the days of justifying projects based on cost reduction only; today finance leaders are ...

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Best Practices for Dynamic Discounting

This past week at IQPC’s Shared Services for Finance and Accounting Conference in Dallas, Direct Commerce’s Vice President of Operations, Leela Gill, and the Accounts ...

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Benchmarks to Measure AP Automation Performance

As you deploy new technologies and processes to improve AP automation, what are the essential key performance indicators and metrics to evaluate? More importantly, how ...

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Optimizing Supplier Discounts: Dynamic Discounting (Part 3)

March 15, 2016 Discount Management

Our last post (part 2) in this series on four best practices for optimizing supplier discounts – based on our new white paper –  discussed how the first two of these ...

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Optimizing Supplier Discounts: Dynamic Discounting (Part 2)

In a recent post (part 1), we showed how optimizing supplier discounting through dynamic discounting can generate high returns on working capital – as much as 1% to 2% ...

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Optimizing Supplier Discounts: Dynamic Discounting

While offering discounts to suppliers in exchange for prompt payment is a conventional business practice, payment terms have been traditionally been set in advance.

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