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	<title>The Hub &#187; dynamic discounting</title>
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		<title>Dynamic Discounting</title>
		<link>http://www.lavante.com/the-hub/ap-industry/dynamic-discounting/</link>
		<comments>http://www.lavante.com/the-hub/ap-industry/dynamic-discounting/#comments</comments>
		<pubDate>Tue, 18 May 2010 01:16:26 +0000</pubDate>
		<dc:creator>Tom Flynn</dc:creator>
				<category><![CDATA[AP Industry]]></category>
		<category><![CDATA[Accounts Payable Software]]></category>
		<category><![CDATA[benchmarking]]></category>
		<category><![CDATA[CFO]]></category>
		<category><![CDATA[dynamic discounting]]></category>
		<category><![CDATA[Lavante]]></category>
		<category><![CDATA[Shared Services]]></category>
		<category><![CDATA[TAWPI]]></category>
		<category><![CDATA[Technology]]></category>

		<guid isPermaLink="false">http://www.lavante.com/the-hub/?p=250</guid>
		<description><![CDATA[In my very unscientific research I have come to discover that Dynamic Discounting is all the rage, but that doesn&#8217;t exactly mean people are doing it.  During the &#8220;Changing Role of AP/AR&#8221; panel discussion at last Wednesday&#8217;s Masters Session a number of the panelists and and brave souls from the audience spoke very openly about <a href="http://www.lavante.com/the-hub/ap-industry/dynamic-discounting/">Read More...</a>]]></description>
			<content:encoded><![CDATA[<p>In my very unscientific research I have come to discover that Dynamic Discounting is all the rage, but that doesn&#8217;t exactly mean people are doing it.  During the &#8220;Changing Role of AP/AR&#8221; panel discussion at last Wednesday&#8217;s Masters Session a number of the panelists and and brave souls from the audience spoke very openly about how they are not really slaying this dragon&#8230; yet. </p>
<p>When one panelist asked aloud if the room was engaging successfully in the practice only about 3 hands when up all the way&#8230;  there were one or two of those &#8220;half-up-but-not-really hands.&#8221;  I will not call anyone out but among the firms successfully using dynamic discounting were two large fortune 50 stalwarts.  Even they had to admit that they targeted vendors were of a select group and that procurement was still very much debating if they should negotiate longer terms and stay away from the early pay discounts.</p>
<p>Just thought I would shed a little light for those in the crowd that think they missed this train.  The conclusion:  People LOVE the idea of a successful dynamic discounting program and this topic has major buzz, but like most things&#8230; not many people can really sustain the practice and it remains in &#8220;when-I-have-time-to-get-around-to-it&#8221; limbo.</p>
<p>Please comment if you have plans to make this practice work internally or if you have input on the topic.  Would love to get more data on this.</p>
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