What is dynamic discounting?
Dynamic discounting refers to the discounts allowed by a supplier to the buyer based on the dates of payment. Generally, sellers provide higher discounts for earlier payments. Dynamic discounting provides the buyers with the flexibility to choose when and how to make payments for the goods and services purchased.
Unified Procurement Platform
SMART by GEP® is a cloud-based, source-to-pay procurement software that delivers comprehensive spend, sourcing and procurement functionality in a single, unified platform native to cloud, mobile and touch technologies this would be below unified procurement platform