Is there any advantage to paying suppliers earlier than their invoice deadlines?

Considering paying a supplier early is a matter of cash flow. Investigate whether they offer an incentive for early payment. Many suppliers offer discounts (2% and up) for payment within a certain number of days of invoicing.

If the discount is going to be a significant amount, always see if you can take advantage of this opportunity. Even if you are diligent to watch for discounts, you will be surprised to see how much they can add up to in a year.

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