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800-422-5995

5

BidPay®

widens your

discount opportunity window

,

the period during which suppliers may offer (and

you may accept) discounts for faster payment. In the

old, static payable discounting model, the buyer’s

right to take discounts is limited and finite, usually

expiring between a few days to a few weeks after

goods are received.

By providing you the means to retire payables at

a discount virtually any time before they’re due,

BidPay®

makes discounting a dynamic process

that takes place repeatedly throughout the

discount

opportunity window

.

According to a recent poll of 40,000 suppliers, 85%

state a willingness to occasionally or always accept

discounts for faster payment.

BidPay®

transforms the outdated, static

discounting model into a highly automated, real-

time and highly profitable process that seizes on

lucrative opportunities previously overlooked. Large

supply chain buyers may capture millions of dollars

of additional discount revenue annually while

incurring no incremental cost.

STRETCH YOUR

DISCOUNT

OPPORTUNITY

WINDOW