Here's another peek into some of the great content awaiting you at  Ariba Live!  Tim Bennett, Director of Strategic Sourcing and Procurement will share some insight into  Dollar Tree's Collaborative Commerce journey from Sourcing to Invoice Automation to full P2P with an emphasis on how the dynamic discount value proposition fueled the ROI in their business case and supercharged their P2P initiative.  Some things you'll learn:

 

  • How Dollar Tree was able to pay for their entire P2P investment in under 1 year with savings from Dynamic Discounting!
  • How they achieved 92% of targeted suppliers transacting within the first 12 months of their project
  • How Dollar Tree is achieving significant double-digit returns on the cash they deploy for discounting while providing a win for their suppliers too

 

Make sure you circle this session as you make your plans for Ariba Live!   In addition, Dollar Tree's Chief Operating Officer, Gary Philbin will be a keynote speaker on Mainstage just before this breakout session.  You won;t want to miss his presentation on Dollar Tree's overall approach to Collaborative Commerce.

 

I hope to see you there!

______________________________________________________________________________________________

 

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: Tim Bennett, Director of Strategic Sourcing and Procurement
  • Mediafly: John Evarts, CFO
  • ONEOK: T.D. Eureste, Dirctor Treasury and Finance
  • Republic Services: Ariba Platform Supervisor