Early Payment Discounts

March 8, 2007
Practice is a great earnings opportunity.

In discussions with more than 200 Fortune 2000 companies, Xign Corp., a provider of settlement networks for business, discovered that less than 1% of suppliers offer discount terms today.

Yet, in a recent survey of Xign Business Settlement Network suppliers, 85% of respondents stated a willingness to occasionally or always accept discounts for faster payment. This gap highlights one of the great earnings opportunities in corporate finance.

-- From "Early Payment Discounts: A Lucrative Cash Management Tool," by Thomas Glassanos, Xign president, CEO

See Also

Sponsored Recommendations

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!

IndustryWeek Photo Essay with Image Courtesy of Allison Transmission
Allison Transmission's plant in Indianapolis is a top-performing facility and was the site of factory tours for IndustryWeek's 2024 Operations Leadership Summit. The company improved to No. 1 on the IndustryWeek 50 Best U.S. Manufacturers List for 2025, up from No. 2 in 2024.
© Albertshakirov | Dreamstime.com
daddreamstime_xxl_139613399
IndustryWeek
iw_500_logo

Sponsored