In Australia, Rio Tinto and Telstra have come under scrutiny for their use of dynamic discounting, which means they were insisting on a discount of 2% for invoices that they will pay on time to their suppliers. The two companies have since ceased this practice.
RIABU’s Simon Littlewood tells Mark Laudi five steps you can take to protect yourself from your customer insisting on dynamic discounting, and what you can do to get an exemption from it.
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