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My ($x billion+-sized) employer pays vendors within 2 business days of the invoice being submitted through the internal payment process, regardless of whether t
by gamblor956 4y ago
My ($x billion+-sized) employer pays vendors within 2 business days of the invoice being submitted through the internal payment process, regardless of whether the payment terms allow for us to do net-30 or net-60. It doesn't meaningfully affect our cash flow to delay payment, but it makes a huge difference for our vendors. As you've noted, a delayed payment can literally be the kiss of death for a small company.