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The Value of Cash and Procurement

PublisherOracle
Format266.3KB PDFDate added01 Jul 2006
Topics Business Management, Procurement - Purchasing
Downloads7

Payment timing can make a significant effect on cash flow. Early payments can yield the best discounts, but at the expense of drawing down funds early. Late payments can yield the best float by delaying funds withdrawal, but at the expense of lower discounts and possible penalties. Procurement can actively balance these trade-offs to gain the best discounts and while preserving the best cash balances.

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