Paying approved invoices early in exchange for discounts

A proven way to earn higher returns on cash without any additional risk
What our corporates say
Lion Co
We recognise that improving cash flow is a common challenge for many of our suppliers, particularly small suppliers, that’s why we’re thrilled to be partnering with Earlytrade. This technology solution is a win/win for Lion and our suppliers and, together with our default 30 day payment terms, will give suppliers another option for early payment when it suits their business needs.
Steph Nixon
Steph Nixon
Lion
CFO
Freedom Group Limited
Earlytrade provides a great service for our vendors in meeting their cash flow needs while increasing our gross margin at the same time.
Michael Gordon
Michael Gordon
Freedom Group
CFO
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How Earlytrade automates early settlement discounts while maximising earnings for Corporates
Step 1
Corporate securely uploads approved invoices
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Step 2
Vendors request early payment by placing bids
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Step 3
Earlytrade algorithms determine successful bids
Read More +
Step 4
Corporate pays discounted invoices early
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2018 White Paper
How technology is changing the way businesses in Australia and New Zealand are paying each other
Since the Global Financial Crisis Corporates have been strategically extending payment terms to Vendors to optimise their working capital positions. But these practices are now attracting scrutiny from State and Federal governments in Australia and New Zealand. There is a better way to drive cost savings while implementing an ethical supply chain initiative.
The white paper covers:
  • The current market landscape and strategic opportunity for Corporates
  • How new technology is driving competitive advantage for early adopters; and
  • How disruptive supply chain initiatives impact you and your Vendors
Earlytrade vs other solutions
Earlytrade

Improves vendor relationships

Ongoing EBIT upside

Contractual settlement discounts or Supply Chain Finance

Large implementation effort required

Often perceived to exploit vendors

Earlytrade is easy to implement
No Complicated Systems Integration
Earlytrade is a standalone, web-based platform and can be up and running in a matter of days.
No Change to Existing Payment or Invoicing Process
We don't force customers to adopt new systems or complicated processes - Earlytrade fits around you.
Pain Free for Vendors
Our intuitive trading dashboards and email-based offer process means no complicated vendor onboarding is required.
  • No changes in terms, contracts or negotiations.
  • Earlytrade manages all vendor support.
  • No additional procurement resources needed to run the program.
What our corporates say
Lion
Earlytrade make the implementation straightforward. The interfaces are easy to understand and develop to. And Earlytrade's engineering team is quick to respond to requests for help when we need it.
Mark, Director of Optimisation
Lion
Lion is one of Australasia’s largest food and beverage companies, employing approx 6,700 people across Australia and New Zealand. Lion markets premium brands in the dairy, juice, soy, beer, cider, fine wine, spirits, alcoholic ready-to-drinks and non-alcohol beverages categories.
Earlytrade's secure platform is compatible with the world’s leading ERP systems
as well as all industry-specific ERPs
Oracle
SAP Financials
Sage
Microsoft Dynamics
To download our technical specifications, implementation guide and security profile click here »
Savings calculator
Other Earlytrade Corporates generate a year 1 procurement savings of 0.23%
To see how Earlytrade would impact your EBIT use our calculator below
Average Payment Terms (Days)
Annual Procurement Spend
$
EBIT
$
To get a personalised savings quote, request a 15 minute confidential discussion with one of our senior executives
EARLYTRADE
Level 3, 223 Liverpool Street
Darlinghurst NSW
Australia 2010
hello@earlytrade.com