For suppliers and buyers alike, the Viewpost® network creates opportunities for better cash flow management and cash distribution. The concept is simple: Suppliers can set custom terms on invoices and send them to buyers, requesting early payment in exchange for a discount. Likewise, buyers can broadcast a willingness to pay early on approved invoices (bills) and suppliers can see their terms, agree to the discount amount, and request early payment on demand when they choose. Either way, once both trading partners have approved an early payment, the funds are sent with seamless automation and ease, giving suppliers access to the cash they need, while buyers may earn risk-free returns.
Keep business moving by accelerating funds to cover payroll, make repairs or add equipment. Knowing your options in real-time is as simple as looking at your Viewpost dashboard.
Optimize returns on your company's idle cash by offering early payment at a discount on your terms or by accepting the terms of your supplier. Create your own discount tables and assign by invoice, by vendor, by category, by PO—however you choose.
When you save by sending an early payment, Viewpost collects 30% of your total savings as a fee for making the opportunity possible. Here's the breakdown: