Dynamic Discounting Solutions

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Managing cash flow in real-time with Dynamic Discounting collaboration between you and your trading partners

B2BE’s cloud-based Dynamic Discounting solution is the answer to simplifying and streamlining your supply chain while optimising your cash flow. Say goodbye to the challenges of manual discount management or traditional methods. It’s now time to embrace a more dynamic and efficient approach to invoice discounting.

With B2BE’s Dynamic Discounting solution, you can unlock the benefits of faster cash flow and strengthened supplier relationships. As well as robust partnerships with your buyers, and enhanced financial flexibility.

Wave goodbye to labour-intensive processes. Say hello to a streamlined, automated solution that empowers your business to excel in today’s competitive business landscape. Experience the power of B2BE’s innovative technology in optimising your discounting processes and achieving greater operational efficiency.

Dynamic Discounting helping to solve

Inefficient cash flow management

Many businesses struggle with managing their cash flow effectively. This means delays in payments to suppliers or missed early discount opportunities. All of which can negatively impact relationships with suppliers and also result in missed cost savings.

Lengthy approval processes

Traditional approval processes for invoices and discount requests can be time-consuming and manual. They involve multiple stakeholders and paper- or email-based workflows. Consequently, this can lead to delays in approvals and missed discount opportunities.

Visibility into payment terms & discount options

Without a centralised system to manage payment terms and discount options, businesses may lack visibility into available discount programs. As a result, opportunities to negotiate favourable terms with their trading partners are missed.

Lack of automation in discounting processes

Many businesses still rely on manual processes for managing discount requests. For example, email exchanges, paper-based documents, and manual calculations. This can be error-prone, time-consuming, and inefficient. What’s more, they often result in delays and inaccuracies in discount calculations.

Complex and cumbersome discounting negotiations

Negotiating discounts with trading partners can be complex and time-consuming. They often involve multiple rounds of back-and-forth communication and negotiations. As a result, this can lead to delays in finalising discount agreements and also cause frustrations for both parties.

Limited flexibility in discounting strategies

Traditional discounting programs may not offer the flexibility needed to match the unique needs of different trading partners. This includes varying discount rates and payment terms, as well as other parameters. This can result in missed opportunities to optimise discounting strategies and maximise cost savings.

B2BE’s Dynamic Discounting workflow

Our Dynamic Discounting solution enables buyers and suppliers to collaborate on early payment discounts. It simplifies the complex workflows and processes, making communication and collaboration efficient and seamless.

Key features of B2BE's Dynamic Discounting solution

Effortless and efficient

Firstly, our Dynamic Discounting solution comes with a powerful feature that allows you to create and send out offers with remarkable speed and efficiency. With just a few clicks, you can configure and schedule offers based on pre-configured settings. As a result, the process is seamless and hassle-free.

Gone are the days of time-consuming manual offer creation and negotiation. Now, you can take advantage of our cutting-edge Scheduler, which enables you to deploy offers in a matter of seconds or minutes. You can respond quickly to changing market conditions or time-sensitive opportunities. This gives you a competitive edge in today’s business environment. It is fast-paced and requires quick responses.

Say goodbye to delays and missed opportunities, and say hello to instant offer deployment with our Dynamic Discounting solution.

Simulated scenarios

Our Dynamic Discounting solution offers unparalleled versatility when it comes to determining the best offering options for your trading partners. With support for multiple scenarios, you therefore have the flexibility to configure and customise your offerings based on various criteria. For example, payment terms, discount rates, and invoice amounts.

This empowers you to optimise your cash flow while tailoring your offers to meet the unique needs and preferences of your trading partners. Whether it’s offering early payment discounts to incentivise prompt payment or crafting personalised offers to strengthen relationships, our solution puts you in control of the negotiation process, ensuring the best possible outcomes for your business.

Policy configuration

Multi-level approvals

Our Dynamic Discounting solution comes with a highly configurable workflow that allows you to easily route authorisation needs to the intended personnel. With flexible settings, you can define the approval process that aligns with your organisation’s structure and hierarchy. Whether it’s routing approvals to specific individuals, teams, or departments, our solution gives you the power to customise the workflow to suit your unique authorisation requirements. This ensures that the right personnel are involved in the approval process at the right time.

Moreover, it streamlines the decision-making process and ensures efficient and accurate authorisation. Say goodbye to manual approval routing and hello to a seamless, configurable workflow. One that saves you time and effort while maintaining control and compliance in your Dynamic Discounting program.

Deduction matching

Our Dynamic Discounting solution offers you the flexibility to manage either Gross or Nett amount before discounting to your trading partners. With configurable options, you can choose the approach that best aligns with your business requirements and pricing strategies. Whether you want to apply discounts to the Gross amount, which includes the original invoice value, or the Nett amount, which excludes taxes and other charges.

Our solution empowers you to manage the amount calculation according to your preferred method. This level of customisation ensures that you can easily adapt the solution to your existing pricing structures and financial practices, making it a seamless fit for your business. Gain control and flexibility over your discounting approach and manage your trading partner relationships with precision using our Dynamic Discounting solution.

Automated offer deployment

Our Dynamic Discounting solution allows you to send offers to your trading partners based on pre-configured settings using the scheduling tool. With this advanced capability, you can automate the process of sending out targeted discount offers. This ensures timely and consistent communication with your partners.

You can also easily set up rules and parameters, such as payment terms, discount rates, and other criteria, to determine the optimal offering options for each trading partner. This streamlines the discounting process, saves time, and eliminates the need for manual intervention.

Say goodbye to time-consuming manual tasks and hello to an automated, efficient, and proactive approach to offering discounts to your trading partners. With our schedule tool, you can not only ensure that your discounting efforts are aligned with your business goals and strategies, but also deliver a seamless experience to your trading partners.

What you can achieve with B2BE's Dynamic Discounting solution

Improved cash flow management

Our Dynamic Discounting solution helps you to take advantage of early payment discounts offered by your trading partners. Dynamic Discounting can help your organisation better manage your working capital, reduce dependence on external financing, and improve financial stability.

Increased cost savings

By optimising discounting strategies and taking advantage of early payment discounts, your organisation can achieve significant cost savings. Dynamic Discounting enables you to negotiate favourable discount terms with your trading partners, resulting in reduced costs for goods or services procured.

Enhanced supplier relationships

Timely payments through Dynamic Discounting can help strengthen your relationships with suppliers. By offering early payment options, you can incentivise suppliers to prefer your organisation as a trading partner. This leads to improved supplier loyalty, better terms, and enhanced collaboration.

Streamlined discounting processes

Dynamic Discounting can automate and streamline the discounting process, eliminating manual and time-consuming tasks. For example, paper-based workflows and manual calculations. Additionally, this results in faster discount approvals, reduced errors, and improved overall efficiency in managing discounting programs.

Increased visibility and control

Dynamic Discounting provides your organisation with greater visibility into payment terms, discount options, and discounting performance. This enables you to track and monitor discounting activities, assess the impact on cash flow, and make informed decisions to optimise discounting strategies.

Flexibility and customisation

Dynamic Discounting offers flexibility in setting discount rates, payment terms, and other parameters based on the unique needs and preferences of different trading partners. This allows you to customise discounting strategies and tailor them to the requirements of their specific supplier base, therefore maximising the benefits of the discounting program.