When And How To Offer Discounts For Early Payment

Source: American Express

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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.
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Date:Jul 2009