Is there a limit on the amount of the discount?
No. Offer any discount you want. The percentage will be set by you at your own discretion.
Now, you're in control.
Introducing the first dynamic discounting solution specifically built for accounts receivable teams. Control the speed of your payment cycle with customizable, automated discounting.Request Demo
“The Paystand platform has done exactly what we expected it to do. We’re thrilled that the results aligned with our expectations. We’re operating as a well-oiled machine.”
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?
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.