Without giving away the really good stuff that will be shared in our Working Capital customer panel on Thursday April 12 at Aribalive, I wanted to whet your appetite by giving you a glimpse of some of the valuable lessons you'l learn from some of our customers' experience.  One of the panelists in this session will be Erin Chumbley of Republic Services who has guided their journey over the last couple of years and will share how they have:

 

  • Achieved 500% yr/yr Growth of vendors participating in Accelerated Payment Program
  • Earned savings earned at a rate of over $2 Million per $1 Billion of targeted spend
  • Created a durable process to enable ongoing savings capture
  • Developed a strong AP/Procurement partnership to drive bottom line savings to Republic.

 

Make sure you circle this session as you make your plans for Ariba Live!  You are attending, right?  If you haven't yet signed up then for goodness sake do so, as the customer line-up this year is outstanding and will result in rich learning for you and your team.

 

Stay tuned for more highlights in the coming days of what to expect at Live....

 

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Dynamic Discounting: New Opportunities for No-Risk, High-Yield Cash Returns

Thursday, April 12, 2012 - 1:30pm

 

 

AP and Treasury leaders are quickly learning that a well-structured discount program can deliver short-term cash returns of 12 percent, 18 percent, and 24 percent or higher, with no risk. Attend this session to learn how to effectively maintain or extend DPO and maximize early payment discounts. Hear how your peers in finance have successfully deployed these strategies to maximize discount capture, optimize payment terms, dynamically capture discount savings, and provide valuable liquidity to key suppliers while maintaining control over their cash flow.

Speakers:

  • Dollar Tree
  • Mediafly
  • ONEOK
  • Republic Services