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    geovanni24's Avatar
    geovanni24 Posts: 3, Reputation: 1
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    #1

    Jun 14, 2009, 10:35 AM
    Cash Discounts
    How can cash discounts improve collections?
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Jun 14, 2009, 06:40 PM

    By offering a cash discount you are giving a person or organization a discount for paying early on their account. This is good because cash on hand is better than not having cash onhand. Also the person or business is more likely to pay their account.
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