Offering payment discounts to your customers is a way to incentivize prompt payments.
Having the flexibility to offer different payment options will help your business collect on time. Cashflow offers you the option of rewarding good customers through payment discounts. Here is how you build an incentive based payment plan.
Creating a plan is simple, from the drop down menu, just select the payment incentives you wish to offer, for example, you may want to offer a 5% discount if the bill is paid within 3 days of its initial request. These plans may be saved and used on multiple occasions in the system.