Early Payment Facility
Organizations spend a lot of money on goods and services every year. That level of spend is an asset, and you should be able to leverage it to the fullest. You’ve done the work to streamline your invoice processing and now you are in control of when you make payments to suppliers. Now you can use that advantage to benefit your organization in a way that makes a real and visible bottom-line impact.
Proactis' Early Payments solution
means you can offer all your suppliers the opportunity to receive early payments in exchange for discounts on invoice amounts. Then you can decide if, when and to what extent you want to participate in that early payment and discount.
When you want to internally finance early payments with your own working capital, you can do so to earn an above market rate of return. When you want to hold your payments as long as possible, you can do that too, or you can participate in any given transaction to whatever extent you wish.
It’s always up to you based on how you want to use your working capital at any point in time.
We provide all the technology and day-to-day management, and we can even help you reach out to suppliers to explain the benefits and how easy it is to participate. All you need to do is decide when you want to take the discounts with internally financed early payments and when you don’t. It’s as easy as that – a new source of income with virtually no effort and no risk at all.