This webinar will highlight the issues that most companies face determining when to pay their vendors. Attendees will learn the best practices to comply with vendor payment terms.
This session will equip attendees with many of the questions and answers to discuss with their buyers and suppliers to create a win/win scenario. There are many things to consider such as regulatory compliance, cost, savings, IT resources, etc.
What do you need to look for in a solution?
What are some best practices?
What will this cost?
Why Should You Attend:
There are advantages to gain on both sides of this equation when buyers and suppliers work together. The standard payment terms float around the 30 day mark but buyers are trying to extend that and suppliers are trying to shrink it. There are options that will make both sides happy; they just need to know what is out there. A 2% net 10 discount has been commonplace as an early payment discount but most companies aren’t able to meet these terms due to the length of time invoice approval takes. Why? This webinar will look at the reasons buyers can’t meet this and what they can do about it.This session will equip attendees with many of the questions and answers to discuss with their buyers and suppliers to create a win/win scenario. There are many things to consider such as regulatory compliance, cost, savings, IT resources, etc.
Areas Covered in the Webinar:
Why do you need to look at vendor payment terms?What do you need to look for in a solution?
What are some best practices?
What will this cost?
Who Will Benefit:
- Accounts Payable Professionals
- Accounts Receivable Professionals
- Accountants
- Financial Officers
- Risk Officers
- Internal Auditors
Course Provider
Brent Meyers,
