Vendor Payment Terms - What is Best for Both Sides?

Instructor: Brent Meyers
Product ID: 703534
  • Duration: 60 Min

recorded version

1x Person - Unlimited viewing for 6 Months
(For multiple locations contact Customer Care)
Recorded Link and Ref. material will be available in My CO Section

Training CD

One CD is for usage in one location only.
(For multiple locations contact Customer Care)
CD and Ref. material will be shipped within 15 business days

Customer Care

Fax: +1-650-963-2556


Read Frequently Asked Questions

This webinar will highlight the issues that most companies face determining when to pay their vendors. Attendees will learn the best practices to comply with vendor payment terms.

Why Should You Attend:

There are advantages to gain on both sides of this equation when buyers and suppliers work together. The standard payment terms float around the 30 day mark but buyers are trying to extend that and suppliers are trying to shrink it. There are options that will make both sides happy; they just need to know what is out there. A 2% net 10 discount has been commonplace as an early payment discount but most companies aren’t able to meet these terms due to the length of time invoice approval takes. Why? This webinar will look at the reasons buyers can’t meet this and what they can do about it.

This session will equip attendees with many of the questions and answers to discuss with their buyers and suppliers to create a win/win scenario. There are many things to consider such as regulatory compliance, cost, savings, IT resources, etc.

Areas Covered in the Webinar:

  • Why do you need to look at vendor payment terms?
  • What do you need to look for in a solution?
  • What are some best practices?
  • What will this cost?

Who Will Benefit:

  • Accounts Payable Professionals
  • Accounts Receivable Professionals
  • Accountants
  • Financial Officers
  • Risk Officers
  • Internal Auditors

Instructor Profile:

Brent Meyers, has worked for Commerce Bank since May 2008 and is responsible for business development and commercial card services within the Midwest Territory. Mr. Meyers specializes in Automated Accounts Payable and Electronic Invoice Presentment and Payment (EIPP) solutions. Prior to joining Commerce Bank, he spent more than 8 years working at Enterprise Rent-A-Car, located in St. Louis, MO. There he held positions in Accounts Payable; Claims; and Credit Cards, both on the merchant and issuing side.

He received his Finance degree from Indiana University in Bloomington, IN. He is an Accredited Payables Solutions Consultant (APSC) through The Accounts Payable Network (TAPN) organization as well as a Certified Purchasing Card Professional (CPCP) through the National Association of Purchasing Card Professionals (NAPCP) organization.

Follow us :
ComplianceOnline Banking Summit 2016 | Risk Management and Data Security - 80390SEM
21 CFR Part 11 Compliance for SaaS/Cloud Applications - 80202SEM

Product Reviews

This product hasn't received any reviews yet. Be the first to review this product! Write review

Best Sellers
You Recently Viewed