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Q. What are Dynamic Payment Terms (DPTs)?: 000003202

Article Number: 000003202

Dynamic Payment Terms allow you to get paid as soon as your invoices are approved in exchange for a prorated discount. The advantage of Dynamic Payment Terms is that your payment is processed as soon as the invoice is approved and the discount taken for the payment is calculated on a sliding scale. Once you agree with your buyer on a sliding scale, it is fixed and the discount will always be calculated using that same reference. Invoices approved sooner and therefore paid quicker will have a higher discount amount than invoices that are approved slower, and therefore paid later.  Click here to watch a brief informational video on how Dynamic Payment Terms work. 

Your customer can offer you two different types of Dynamic Payment Terms: a full sliding scale, and a sliding scale with a discount window (cliff).           


Example 1 - Full sliding scale of a "1.5%  NET 30 - ASAP" Dynamic Payment Term         

With that kind of Dynamic Payment Terms that your customer may offer you, if an invoice is approved in your customers’ accounts payable process on the 10th day, that invoice will automatically be added to their payment run on the 10th day and a prorated discount will be taken.

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Example 2 - Sliding scale with a "1.5% 10 NET 30 - ASAP" Dynamic Payment Term  

With that kind of Dynamic Payment Terms that your customer may offer you, if an invoice is approved in your customers’ accounts payable process on the 15th day (after the traditional 10 day discount window has expired), that invoice will automatically be added to their payment run on the 15th day and a prorated discount will be taken.
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TOP FREQUENTLY ASKED QUESTIONS

Q. How do I add or deactivate users?: 000003731

You can manage your account users in the portal and provide different levels of access.

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Use the email notification settings feature to manage your email notifications.

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If you have more than one customer using the Taulia Portal and you need access to two or more accounts with the same login, you can combine your customers to one login.

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Manage your bank information through the portal!

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Branch permissions allow account admins to give access to specific data in the portal.

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Learn how to turn on two-factor authentication, a feature that enables you to add an extra layer of security to your Taulia account.

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