Intel Suppliers Dynamic Discount Option. Benefits Allows Intel suppliers of goods and services to...

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Intel Suppliers Dynamic Discount Option

Transcript of Intel Suppliers Dynamic Discount Option. Benefits Allows Intel suppliers of goods and services to...

Page 1: Intel Suppliers Dynamic Discount Option. Benefits Allows Intel suppliers of goods and services to dynamically change payment terms allowing quicker payment.

Intel Suppliers Dynamic Discount Option

Page 2: Intel Suppliers Dynamic Discount Option. Benefits Allows Intel suppliers of goods and services to dynamically change payment terms allowing quicker payment.

Benefits• Allows Intel suppliers of goods and services to dynamically

change payment terms allowing quicker payment in exchange for a discount

• Allows suppliers more options and flexibility relative to payment terms

• Offered discounts can vary determined by the number of days selected by the supplier

• Discounts do not need to be pre-negotiated in advance, but can be determined at time of invoice based on working capital needs

• Provides flexibility in payment terms without comprising Supplier contracts

Page 3: Intel Suppliers Dynamic Discount Option. Benefits Allows Intel suppliers of goods and services to dynamically change payment terms allowing quicker payment.

Websuite Overview• This web invoice method will allow suppliers to request faster

payments in exchange for discounts at the time they submit their invoices. Options for variable payment terms and discounts will be available on this application.

• No changes to our business processes (AP or Procurement) is expected when this method is employed by our suppliers.

• Most common method used by suppliers to request a change in payment terms.

Page 5: Intel Suppliers Dynamic Discount Option. Benefits Allows Intel suppliers of goods and services to dynamically change payment terms allowing quicker payment.

Create New Invoice

Page 6: Intel Suppliers Dynamic Discount Option. Benefits Allows Intel suppliers of goods and services to dynamically change payment terms allowing quicker payment.
Page 7: Intel Suppliers Dynamic Discount Option. Benefits Allows Intel suppliers of goods and services to dynamically change payment terms allowing quicker payment.
Page 8: Intel Suppliers Dynamic Discount Option. Benefits Allows Intel suppliers of goods and services to dynamically change payment terms allowing quicker payment.

o 2% 15 net 45

o 2% 10 net 45

o 1.75% 15 net 45

o 1.5% 20 net 45

o 1% 30 net 45

Page 9: Intel Suppliers Dynamic Discount Option. Benefits Allows Intel suppliers of goods and services to dynamically change payment terms allowing quicker payment.

1.75% 15 days net 45

Page 10: Intel Suppliers Dynamic Discount Option. Benefits Allows Intel suppliers of goods and services to dynamically change payment terms allowing quicker payment.

Payment Tracker• A request to change payment terms will also be

available through use of this application available to all suppliers.

• The Payment Tracker will requires some manual intervention but still offers a means for suppliers to better manage their cash flow.

Page 11: Intel Suppliers Dynamic Discount Option. Benefits Allows Intel suppliers of goods and services to dynamically change payment terms allowing quicker payment.

Payment Tracker Main Screen

Page 12: Intel Suppliers Dynamic Discount Option. Benefits Allows Intel suppliers of goods and services to dynamically change payment terms allowing quicker payment.
Page 13: Intel Suppliers Dynamic Discount Option. Benefits Allows Intel suppliers of goods and services to dynamically change payment terms allowing quicker payment.

o 2% 15 net 45

o 2% 10 net 45

o 1.75% 15 net 45

o 1.5% 20 net 45

o 1% 30 net 45

Page 14: Intel Suppliers Dynamic Discount Option. Benefits Allows Intel suppliers of goods and services to dynamically change payment terms allowing quicker payment.

o 2% 15 net 45

o 2% 10 net 45

o 1.75% 15 net 45

o 1.5% 20 net 45

o 1% 30 net 45

Page 15: Intel Suppliers Dynamic Discount Option. Benefits Allows Intel suppliers of goods and services to dynamically change payment terms allowing quicker payment.