Supplier Incentive Programme
What is the Supplier Incentive Programme?
Our Supplier Incentive Programme is an early payment initiative designed to give suppliers the opportunity to be paid earlier than their contracted terms. It also aims to enhance our payment processes.
Suppliers who join the programme can choose to be paid as soon as their invoice is authorised, ahead of the standard 30-day terms. In exchange, we’ll apply a small, pre-agreed discount to the invoice. This discount is calculated based on the number of days the payment is brought forward by, with the goal of paying suppliers by day 10. The discount is only applied if the invoice is paid earlier than 30 days.
What’s in it for your business?
Strong supplier relationships don’t just make working together more enjoyable, they’re crucial to helping everyone’s business prosper.
Being paid early means you’ll benefit from improved cash flow and reduced time spent chasing payments, so being part of our Supplier Incentive Programme can make a really positive difference to the growth and development of your business.
Our partner
We partner with Oxygen Finance, the leading provider of early payment programmes in the UK, to deliver our Supplier Incentives Programme.
Oxygen works with councils across the country, with thousands of suppliers participating in its programmes.
How do I sign up?
Find out more and request a call with a programme advisor here, or email nexus@oxygen-finance.com.