Supplier Payment Scheduling

The Supplier can change payment scheduling for one or all invoices pending in the system at any time. The Supplier can:

• Select a number of days from month-end to receive payment
• Select a number of days from the invoice date to receive payment
• Wait for payment at full-term date (manual scheduling)
• Reschedule an individual invoice

  Note: Users can reschedule an individual invoice to receive payment as soon as possible.

The Buyer can see invoices that are imported into the system, scheduled payment dates, and comprehensive invoice data.

Note: A Supplier can schedule some invoices for discounted payment on a given day and schedule other invoices for full-term payment (no discount). The payment files required for both discounted and full-term payments are handled within Textura Supplier Finance. However, the payments will originate from two different bank accounts: discounted payments originate from the Funder's account, and non-discounted payments originate from the Buyer's account.