P2Insight
  • P2Insight
    • About Us
    • Contact
    • Press
  • The Order Hub
    • The Order Hub >
      • Service Order Hub
      • Purchase Order Hub
      • Details >
        • FAQ
        • Fax or email
        • Dynamic Discounting
    • Downloads
  • E-Commerce for Maximo
    • E-Commerce for Maximo
    • The Time is Now
    • Maximo Services >
      • Maximo Optimization
      • Purchasing
      • Document Management
      • AMS Support
  • Events
  • Demo

Dynamic Discounting

Now it's even easier to save money.

What is dynamic discounting?

​Dynamic discounting is a system of payment that allows vendors to incentivize buyers to pay for orders sooner by offering time-sensitive discounts. For example:
Payment Date
​(invoice date + _ days)
Discount offered
Net 60
​(payment due date)
0%
Net 45
2%
Net 30
3%

Benefits

...to Buyers

With an automated P2P system, you're processing invoices faster anyway; dynamic discounting allows you to turn your greater efficiency into better pricing.

...to Sellers

Extending dynamic discounts to your buyers results in a faster turnaround on payment; if cash-in-hand is of more value to you at the moment than higher margins, dynamic discounting can help.

Dynamic Discounting in The Order Hub

The Order Hub presents the invoicing vendor with a list of relevant discount options. 
Dynamic Discounting for Maximo in The Order Hub
Picture
The supplier can select any of the discount options to extend.
Picture
The buyer can accept the discount offer, or reject it and keep the original due date.
Picture
If the buyer accepts the offer, the Due Date is updated on the invoice.

Ready to learn more about The Order Hub?

The Order Hub
The Service Order Hub
​
​The Purchase Order Hub
​​Faxing & Emailing
FAQ
Download the Order Hub Overview
Request a Demo

More P2Insight

Picture

Not a Maximo User?

Like what you see but not part of a Maximo shop? Check out what else we can do.
P2Insight Maximo Services

P2Insight's Maximo Services

P2Insight specializes in optimizing Maximo procurement tools. Learn more.
P2Insight Blog: Maximo procurement, P2P, news and more

P2Insight Events

Find out where to find P2Insight through North America at Maximo events

P2Insight Inc.

​142 Foxridge Drive,
Hamilton, ON   L9G 5B9
​Canada
+1 905 517 2155
P2Insight Maximo Purchasing experts
Next Event:

Contact Us
Copyright 2017-2019
  • P2Insight
    • About Us
    • Contact
    • Press
  • The Order Hub
    • The Order Hub >
      • Service Order Hub
      • Purchase Order Hub
      • Details >
        • FAQ
        • Fax or email
        • Dynamic Discounting
    • Downloads
  • E-Commerce for Maximo
    • E-Commerce for Maximo
    • The Time is Now
    • Maximo Services >
      • Maximo Optimization
      • Purchasing
      • Document Management
      • AMS Support
  • Events
  • Demo