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50 Shades of Pay: Working Capital Optimization Using Spend Analysis and Payment Clocks

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Published:  November 17, 2014
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What makes an order perfect? From a payments standpoint, is it just paying on time with accurate information? What about the ability to improve working capital and/or lend money to your suppliers in the form of early pay discounts (and/or supply chain finance)? Whatever your answer is, you’re going to need an accurate payment due date. More broadly, you’re going to need to manage your “payment clock,” which is basically the start date and due date for payment terms (and associated due date for early payments). How do you do this? Download and read on as Pierre Mitchell guides you through.

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