Bank of America Debuts Beefed-up Trade Payables Discounting Program
Global Treasury Services target high-volume buyers, aim to reduce working capital requirements
Global Treasury Services target high-volume buyers, aim to reduce working capital requirements
Varied Discount Rates
End-to-end Payables Reconciliation
Additional Articles of Interest
current state of the payment solutions market The Analyst Corner: Payment Supply & Demand Chain Executive
Web Invoicing & Electronic Payments The Analyst Corner: Payment Supply and Demand Chain Executive
- Automatically upload invoice data into a secure, Web-based platform.
- Provide suppliers with Web-based visibility into the cash flow associated with trade payables.
- Collaborate online with suppliers on credit memos and other invoice offsets.
- Enable suppliers to obtain "on-demand" financing at their discretion at the invoice level by requesting that Bank of America discount their accounts receivable due from the buyer.
- Settle all trade payables electronically.
Varied Discount Rates
End-to-end Payables Reconciliation
Additional Articles of Interest
current state of the payment solutions market The Analyst Corner: Payment Supply & Demand Chain Executive
Web Invoicing & Electronic Payments The Analyst Corner: Payment Supply and Demand Chain Executive
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