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Payment policy example
November 2, 2022
Q. Can you send a good example of a payment policy to be used by global sourcing, purchasers, and accounts payable that covers accepted payment terms, dynamic discount options, virtual card options, payment cadence, payment discounts, etc.?
A.
We have identified some resources for you.
First, here are some IOFM resources:
Here is a link to a template of a Payment Processing Policy that you can customize with your own organizational data:
Payment Processing…
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