Using cash discounts correctly. Long supplier payment targets combined with the benefits of cash discount - a practical report

Has cash discount had its day? How can treasurers use cash discounts to optimize working capital?

Presentation of an "easy-to-handle" model in which the longer net payment target using the cash discount is part of the working capital optimization solution.

The model basically does not require the involvement of suppliers and can be implemented promptly for a large number of existing suppliers. Erste Group supports well-known corporate customers with this model, who will report on their motivation to implement such a model, the associated advantages and the internal persuasiveness of various stakeholders.

In addition, further approaches in the area of working capital improvement and the changed accounting and disclosure requirements will be critically examined.