Contract Management

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  • 1.  Multiyear contracts - discount/incentive preference

    This message was posted by a user wishing to remain anonymous
    Posted 11-11-2024 09:23 AM
    This message was posted by a user wishing to remain anonymous

    Hi,

    When entering into a multiyear contract, does your Finance department set any thresholds for minimal discount which is required before your organization can contract? For example, in my organization, we need to have a 5% discount if prepayment is required.



  • 2.  RE: Multiyear contracts - discount/incentive preference

    Posted 11-22-2024 10:57 AM

    No, there are no thresholds, we work to secure the best savings we can, whatever that may be. But we also don't allow for prepayment.