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Indeed, still exploring carrot and stick options here to get clients to pay on time. One nice idea we've come across is a trivial discount for early / on time

Indeed, still exploring carrot and stick options here to get clients to pay on time. One nice idea we've come across is a trivial discount for early / on time payment (~1-3%). We've heard anecdotally that it helps!

s73v3r 11y ago
I hope that's coming out of your share.
- pyre 11y ago
  You just quote high enough that the "discounted" rate is the real rate and the not "discounted" rate is the penalty rate. Then you're just rephrasing things (discount vs. penalty) to put a better spin on it.