Dynamic Discounting for SAP Accounts Payable
Dynamic Discounting allows buyers and sellers of commercial goods and services to change the payment terms for an individual invoice or group of invoices to accelerate payment based on a sliding discount scale. The process is specifically designed to allow buyers and sellers to manage early payment discount offers easily and seamlessly.
Dolphin handles dynamic discounting through a secure, hosted vendor portal that provides suppliers on-demand access to invoice status details. Details can be set according to company business rules and parameters, and AP departments can take advantage of the ability to create an invoice referencing the exact line items of a Purchase Order, increasing hands-free invoice posting. Increasing hands-free posting percentage reduces the number of vendor calls to the AP department, so that staff can engage in more productive activities.
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