Agreeing early payment with a supplier can be mutually beneficial for you both in terms of liquidity. Your supplier benefits from quick settlement of invoices, while your organisation enjoys a discount or rebate depending on the early payment solution implemented.
Early Payment Solutions have been in use within the Private Sector since the 1970s. In line with Government Policy around prompt payment, and this developed market, Crown Commercial Service created an early payment solution tailored specifically to public sector needs, objectives, and ethics.
Read on to find out how to take advantage of early payment solutions for your organisation.