early payment

What do early payment discounts and the ‘Time Value of Money’ have to do with one another? In a word, everything. If you’re in Accounts Payable (“AP”) or P2P, you may have never associated one with the other. But they are very much intertwined in the entire ePayables process. In my experience, core finance concepts [...]

Today occupies an interesting place in modern culture. Boxing Day, as today is called in many nations of the former British Empire, is a secular holiday when servants and tradespeople would receive what’s called a “Christmas box” from their bosses or employers. No one quite knows the origin of the holiday’s name, but the tradition itself dates [...]