Dynamic Discounting from ISPnext addresses inefficiencies in the payment process, offering a solution to strengthen cash flow and reduce costs. It allows organizations to pay suppliers faster in exchange for a discount, calculated dynamically. This approach leads to direct savings, improves liquidity, and fosters better supplier relationships. By implementing Dynamic Discounting, businesses can gain insight into potential discounts, monitor supplier performance, and automate discount application, resulting in financial efficiency and cost savings. The solution helps in using resources more efficiently, reducing open items, and creating more financial space. It also builds trust and loyalty with suppliers, leading to more favorable terms and better cooperation. Dynamic Discounting allows organizations to indicate on each invoice whether they want to pay it at a discount within a certain period. The supplier can then accept the discount or not, simplifying the process. Shorter payment terms reduce outstanding debts, improve cash flow, and contribute to achieving financial goals. Every day earlier you pay earns more discounts by your supplier because the discount is dynamic and is calculated based on the actual number of days of accelerated payment.

Features & Benefits

• Immediate Savings
  • Receive discounts on invoices by paying faster, resulting in a direct reduction in costs.
• Improved Cash Flow
  • Resources are used more efficiently, with fewer open items leading to more financial space.
• Stronger Supplier Relationships
  • Build trust and loyalty with suppliers by paying faster, creating more favorable terms and better cooperation.
• Dynamic Discount Calculation
  • The discount is dynamic and is calculated based on the actual number of days of accelerated payment.
• Reduced Outstanding Debts
  • Benefit from shorter payment terms, which not only reduces your outstanding debts, but also improves your cash flow and contributes to achieving financial goals.