Do you track how long it takes to pay your suppliers?
Research by The Hackett Group indicates that 32% of respondents are planning to extend their supplier payment terms. Doing so can unlock value in your supply chain, release cash and, generally, improve working capital management.
The RAPid Days Payable Outstanding (DPO) Tracker app from Rosslyn Analytics helps you to quickly understand how long it takes your company to pay its invoices and more.
The RAPid Days Payable Outstanding (DPO) Tracker app is based on the calculation (Invoice payment date - Invoice date / by the number of paid invoices) that can be easily modified to meet a client’s specific needs.