Offering early payment discounts is a common practice among suppliers and vendors to incentivize their customers to pay their invoices on time, but PYMNTS’ research finds that many software-as-a-service (SaaS) firms experience errors and delays when paying their suppliers, even though they are as liable...
The payments company Transcard announced Thursday (August 19) it was working with the embedded finance Previse on a new early payment discount solution. According to a company news release, the partnership will involve Previse embedding its early payment discount solution in Transcard’s SMART Exchange account-to-account...
Automating back-office processes has indisputable positive impacts on companies’ ability to promote efficiency and operational cost savings, and even encourage sustainability through the reduction of paper. Those factors have historically driven businesses’ accounts payable (AP) automation journeys, according to Danielle Simer, industry solution marketing manager...
November 07, 2022
Offering early payment discounts is a common practice among suppliers and vendors to incentivize their customers to pay their invoices on time, but PYMNTS’ research finds that many software-as-a-service (SaaS) firms experience errors and delays when paying their suppliers, even though they are as liable as players in any other industry to be offered early […]
