Earlytrade Early Payments Reviews & Product Details

Earlytrade automates and scales early payment negotiation between enterprises and their suppliers. Suppliers choose if and when to participate, and at what discount rate. Enterprises pay their suppliers through their existing payment process, just earlier in exchange for a discount. On average, Earlytrade's early payment customers see: 12% increase in profit margin 24% annual return rate 23% of supplier spend discounted 2.5% average invoice discount  Why choose Earlytrade: Full control - Buyers choose which suppliers are eligible for early payment and how much capital is allocated to the program. No change to payment process - Buyers continue paying their suppliers directly. Earlytrade never takes possession of the early payment funds. Voluntary participation - Suppliers choose whether to request early payment and set their own discount offer rates. Market-based pricing - Discount offers are evaluated against buyer-defined parameters and supply/demand within the market. In the construction sector, Earlytrade serves many of the ENR Top 400 General Contractors (Power Construction, Rudolph Libbe, Bartlett Cocke General Contractors, Granger Construction, BHI Co., Haydon Companies, etc.)