التفاصيل البيبلوغرافية
| العنوان: |
THE TRUE COST OF EARLY PAYMENT DISCOUNTS. |
| المؤلفون: |
PAYTON, KENDALL kendallp@nacm.org |
| المصدر: |
Business Credit. Sep/Oct2024, Vol. 126 Issue 8, p10-11. 2p. |
| مصطلحات موضوعية: |
Credit managers, Down payments, Cash discounts, Credit departments, Credit management, Discount prices, Late payment |
| مستخلص: |
The article discusses the true cost of early payment discounts in business transactions. While early payment discounts can be a successful strategy to ensure timely payments and improve cash flow for sellers, there are potential drawbacks to consider. Offering discounts does not guarantee on-time payment, and it can impact pricing and interest rates. Credit managers must carefully evaluate the benefits and drawbacks of early payment discounts and establish clear guidelines and communication with customers. Overall, early payment discounts can boost cash flow and encourage timely payments, but businesses should consider the potential risks before implementing this strategy. [Extracted from the article] |
| قاعدة البيانات: |
Finance Source |