Scott Pezza, Principal Analyst, Financial Operations at Blue Hill Research, uncovers the key to maximizing effectiveness of a discounting program.
Even though operational and financial savings are quite different, in the world of procure-to-pay, higher operational savings actually increase the financial savings in the form of early payment discounts. Without an automated payables process, it’s almost impossible to capture these discounts.
To learn how to maximize the results of a discounting program step-by-step and achieve ultimate operational and financial savings, register for our upcoming webinar on November 13 at 10am PT here. You’ll also receive the strategies and tactics that resulted in PG&E saving $5.8 million in manual labor costs and $184 million in early payment discounts.
Watch the webinar video here.