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