What is the supplier offer lifecycle?

Supplier financing offers move through several stages during their lifecycle.

Common statuses include:

  • Shortlisted
  • Offer Finalized
  • Offer Communicated
  • Accepted
  • Declined
  • Expired
  • Unsubscribed

The Supplier Offers Assistant can be used to review offer status and monitor supplier responses.

The Supplier Offers Assistant supports both Dynamic Discounting and Virtual Card offers. For Dynamic Discounting, it also supports standing offer enrollments and offers for financing program candidates with newly eligible invoices.