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Director of Finance & Operations
Most dynamic discounting solutions approach the market from an accounts payable perspective. Paystand’s dynamic discounting product was built to bring that control back to the AR team.
Offer whatever discount you want. Control who receives discounts with one click, and most importantly, watch discounts automatically appear in your ERP’s bookkeeping along with any other discounts you offer.
Just click on the dedicated discounting tab inside the Paystand Dashboard.
From there, you and your team can easily set a default maximum discount and default net terms.
Dynamic discounting is integrated right into the invoicing process you already use.
Just create an email template and select the Dynamic Discounting option. Invoices sent using that template will automatically include dynamic discounting.
Payers will see minimal changes during the checkout experience to indicate their discount.
How you implement discounts is up to you. Customize terms, how much of a discount to offer, and even how the discount adjusts across time.
Choose linear reductions for simplicity, or go with stepped reductions to accentuate the urgency even more.
When you initiate dynamic discounting with Paystand, AP teams don't have to split their cash discounts with a third party.
It’s a better deal for everyone.
Ready to get started?
No. Offer any discount you want. The percentage will be set by you at your own discretion.
Yes. The email template you choose dictates the availability of the discount. Don’t want it for a specific customer? Use an email template without the dynamic discounting option.
Yes. The features of the discount are determined in an email template. You can use different email templates based on the type of discount you'd like to offer.
Yes. Fees and incentives are calculated based on the final amount on the invoice after dynamic discounting is applied.
Dynamic discounting changes are set to UTC (+4 EST).
Dynamic discounts will be automatically added to other types of discounts in your ERP.
Schedule a demo with one of our payment experts to learn how you can Paystand can automate your entire AR process, save over 50% on the cost of receivables, and program dynamic discounts.
Paystand is on a mission to create a more open financial system, starting with B2B payments. Using blockchain and cloud technology, we pioneered Payments-as-a-Service to digitize and automate your entire cash lifecycle. Our software makes it possible to digitize receivables, automate processing, reduce time-to-cash, eliminate transaction fees, and enable new revenue.