Discount Management
| “We've picked up new divisions in the companies that initially got on board. The good news about Ariba spreads within a business, so they channel more spend to us.”
-- Mitch Langstein Director of Marketing Cellular Accessories for Less |
Poor visibility into the status of outstanding invoices, combined with minimal control over when customers pay, can create damaging cash-flow challenges.
When you invoice through the Ariba® Supplier Network™, you can see at a glance which invoices will be paid when—and which invoices have failed to receive customer approval. This helps you resolve problems quickly.
With Discount Management capability on the Ariba Supplier Network, you can:
- See all of your outstanding invoices
- Negotiate early-payment discounts with your customers
- Gain the cash flow predictability and control you need to manage your business
Features
Through the Ariba Supplier Network, you can set up an early-pay discount in three convenient ways:
- Standing Early- Payment Terms – You and your customer negotiate the discount, which is then applied to all invoices.
- Buyer-Initiated Dynamic Discounting – For any invoice, customers negotiate specific discount terms in exchange for early invoice payment to you.
- Supplier-Initiated Dynamic Discounting – For any invoice, you can offer customer-specific discounts in exchange for early payment on approved invoices.
Benefits
The Ariba Supplier Network and Discount Management program make it easy to have:
- Early payments for all payments or on an invoice-by-invoice basis
- Predictable payments to forecast cash flow
- Payment and cash-flow visibility through the Ariba Supplier Network
- Attractive rates that leverage the buyer’s cost of capital
- Shorter order-to-cash cycle so you receive payment in days instead of months
Start collaborating with your customers today to get paid faster using the Discount Management on the Ariba Supplier Network.
