Case Study

Lean Discount-Capturing Profit Center Machine – An AP Story

Lean Discount-Capturing Profit Center Machine – An AP Story

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PUBLISHED ON MONDAY, FEBRUARY 25, 2013 Lean Discount-Capturing Profit Center Machine – An AP Story Fidesic enables your business to earn 36% return on your capital used for payable transactions. Even greater returns can be achieved if your business works with suppliers to capture discounts greater than the standard 2% net 10 terms that many suppliers offer. A 36% return on working capital is possible by earning a 2% return on the timeframe of the actual due date and the discount due which is typically 20 days, resulting in 18 time intervals in a year. The basic concept behind business is to increase revenue and cut costs to increase profits. With Fidesic accounting departments can increase efficiency by increasing employee bandwidth allowing them to easily make payments within the discount

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