Overview of Supplier Opportunities

Learn about your suppliers by viewing all the data collected about them, including past history of payments, pending invoices, and potential discounts offered.

Use this data to refine supplier selection for early payment programs and supplier negotiation. You can also view performance and predict how potential discounts affect your overall business.

On the Suppliers tab of the Payment Discounts page, you can view these overall values for all suppliers in the business units you select:

• The current balance of all unpaid invoices

• The potential savings based on recommended discounts

• The total payments disbursed to all suppliers

• The total savings based on accepted early payment discounts to date

You can view suppliers that match the categories you select, and filter the results by selecting more criteria. The available ranges may change dynamically based on the business unit and category.

On the details page for a single supplier, you can do these tasks:

• Compare the supplier balance with the balance of all suppliers

• View the impact of potential discounts compared to discounts already achieved

• Assess the supplier balance and discount opportunity

• Compare the supplier's available discounts with those of all suppliers

• Create and manage early payment offers