Tradeshift launches Dynamic Discounting

Wednesday 23 October 2013 13:52 CET | News

Danish e-invoicing B2B social network operator Tradeshift has launched Dynamic Discounting, an early payments offering.

Dynamic Discounting is a financial solution integrated into the Tradeshift platform providing access to cash for suppliers.

Dynamic Discounting enables suppliers to provide discounts on invoices when buyers pay early.

Suppliers using a registration application running on Tradeshift to sign up with a new trading partner are prompted to sign up for Dynamic Discounting. Buyers have to define their discount offer for the suppliers who have expressed interest in joining the program. Then send the offer to suppliers with a few clicks.

In recent news, Tradeshift has signed a new deal withCapitalAid to launch a USD 3 billion factoring business to enhance access to cash for SMEs. The deal is set to fund B2B transactions on the Tradeshift platform across Europe with a strong focus on the UK.

For more information about Tradeshift, please check out a detailed profile of this company in our dedicated, industry-specific online companies database.

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Keywords: Tradeshift, dynamic discounting, cash for suppliers, early payments offering, Denmark
Categories: Banking & Fintech
Countries: World
This article is part of category

Banking & Fintech