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Put Your Excess Cash to Work – Dynamic Discounting Optimization & Considerations

Global Finance Magazine’s 2021 Best Supplier Enablement software was awarded to Kyriba, despite the supplier hardships corporates faced this past year. There’s been a major reset in the post-pandemic world for most organizations, not many businesses have prospered and gone unscathed. The industries that have tended to fare better than most: food retail, e-commerce, and

  • Editorial Team
  • February 13, 2022
  • 1 minute

Global Finance Magazine’s 2021 Best Supplier Enablement software was awarded to Kyriba, despite the supplier hardships corporates faced this past year. There’s been a major reset in the post-pandemic world for most organizations, not many businesses have prospered and gone unscathed. The industries that have tended to fare better than most: food retail, e-commerce, and retailers that cater for home improvements. With interest rates remaining flat across the globe, the challenge is how to make your cash work harder for you?

By deploying a dynamic discounting program, what better way to put your organization’s cash to work by paying your small and strategic suppliers early in return for a discount and at the same time strengthening the supply chain with much-needed cash flow.

During this session we cover the following:

– How to deploy successful programs
– Maximize returns on cash deployed
– Pitfalls to avoid
– Various approaches of dynamic discounting functionality for example push vs. pull functions
– Delve into Corporate social responsibility

Location: Online