Push the DPO Envelope: Leverage AI to Optimize Payment Terms and Working Capital
Leverage AI to Optimize Payment Terms and Working Capital
Date: Time:
March 24, 2021
1:00pm EDT
Speakers:
• Alfonso Ricotta, Global Finance Change Management Lead at Indeed
• Danny Thompson, SVP, Market & Product Strategy at apexanalytix
apexanalytix’s research has shown that 25.73% vendor invoice terms are better for the supplier than the original negotiated terms. This session will dive into how payment terms get changed and financial impact to working capital. And, more importantly, how every supplier can be assessed against previously negotiated terms and opportunities for extensions, baseline date changes, or payment schedule changes.
Watch the session for:
• Research on financial impact of unenforced payment terms
• A granular payment terms standardization and extension project process flow
• EU & UK regulation updates that can impact payment terms
• Mistakes that companies typically make during a payment terms extension project
• Payment terms that world class companies currently have
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