If you are buyer, and you have a fixed logic to execute your suppliers’ early payment request, you can start using the automatic settings in Mode Settings to help your business more convenient.
STEP 1: Please switch to Buyer Solution - Supply Chain Financing on the top tab of Solution Settings.
STEP 2: Click the Management Panel in the Menu, and then click Mode Settings.
STEP 3: You can set an exclusive Discount Logic for each supplier. SUPLEX provides three modes:
- Supplier Offer - the discount is customized by the supplier based on its own situation
- Fixed APR - You can set a fixed discount rate. In the future, when the supplier selects an invoice and submits the request, SUPLEX will automatically calculate the discount rate, which is based on the fixed discount rate you set and the remaining days of the selected invoice, and bring in the calculated discount amount.
- Fixed Discount Logic - You can set a fixed discount logic. The logic is set to ＯＯ% discount for every ＯＯ days payment in advance. In the future, when the supplier selects an invoice and submits the request, SUPLEX will automatically calculate the discount rate, which is based on the fixed discount rate you set and the remaining days of the selected invoice, and bring in the calculated discount amount.
💡 Reminder
- When the Seller status is Block, it will show in grey color and can not modify. You need to change the status first in Supplier Management in the Menu.