Project Management

When And How To Offer Discounts For Early Payment

Date Added: Jul 2009
Format: HTML

Offering discounts for cash, upfront and early payment can be an integral part of a comprehensive business management strategy, not just the domain of the accounts receivable department. Bring up cash-flow discussions early, align your business processes with the customer's payment methods, and be mindful of customer's preferences without sacrificing your company's operating needs.