Prompt-pay Discount Tracking

Accounting - Prompt Pay Discounts

Paying your vendors for services rendered or materials purchased is a part of doing business. Vendors will often offer discounts for prompt payment. Taking advantage of prompt payment discounts actually adds to your profits.

The benefit of paying promptly is obvious, but several issues can interfere with a contractor's ability to do so.

Roadblocks to prompt payment

  • Poor cash flow
  • Inability to track and prioritize bills based on discounts
  • Slow and inefficient AP processes

ComputerEase gives you the tools you need to tackle all of these roadblocks.

ComputerEase Solutions

  • Cash flow management tools to ensure that you always know your financial position
  • Built-in fields to enter discount information directly on each invoice
  • A prompt-pay discount report that highlights which prompt-pay discounts are about to expire and keeps track of how effectively you've taken advantage of them
  • A robust Accounts Payable module to ensure efficient AP procedures and timely processing of all payables
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