Prompt-pay Discount Tracking

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

The benefit of paying promptly is obvious; however, several issues can interfere with a contractor's ability to pay promptly.

Roadblocks to Prompt-payment

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

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

ComputerEase Solutions

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

Prompt-pay discount tracking helps boost your bottom line.

Request a Free Demo - See a full demonstration of the capabilities of our software.

Read the eBook - 9 Terrible Mistakes - And How to Fix Them Using Projected Costs By Bob Mattlin CPA, Founder and Owner of ComputerEase

Videos and Downloads - View our promotional DVD online or download. Download PDF Brochure from ComputerEase Software.

Office Manager - HGC Construction

[Read Transcript]

Any vendor that has a discount that’s offered for prompt, promptly paying their invoices within ten days or by the 10th of the month, it automatically, when I enter the invoice, it automatically applies the discount and the date on when we need it to be paid by. So when I pull the invoices to be paid, I can actually pull, you know, what needs to be paid to get the discount. And we never, never miss a prompt pay discount.