Selective early settlement on approved invoices in exchange for a mutually agreed discount. Invoice-level, not programme-level. Voluntary for suppliers. Buyer-controlled. Switch on for month-end. Switch off afterwards. No unwind.
Allows you to offer early settlement on approved invoices in return for a mutually agreed discount. Each invoice is its own decision. Based on buyer-defined rules and supplier acceptance. If no early settlement is offered or accepted, invoices pay on their original contractual terms.
Not a programme. Each invoice is evaluated against your eligibility rules and offered to suppliers individually.
Which suppliers, which invoices, what discount rate, when. Adjustable as priorities change.
Suppliers opt in invoice by invoice. Based on their own liquidity preferences. No long-term commitment.
Across most supply chains, suppliers actively trade value for access to cash. Overdrafts. Factoring. Supply chain finance. Card acceptance. The decisions are made invoice by invoice, driven by their own liquidity pressures.
Most of this happens outside your visibility and beyond your governance boundary. Liquidity decisions are being made on your behalf without you being part of the conversation.
Pace brings that conversation inside your boundary. Voluntary. On terms suppliers can decline. Cleaner for them than factoring or external SCF. No third-party financier in the relationship.
Want to see how this compares with the funding options suppliers use today? See the alternatives view →
ERP / AP system. Existing controls satisfied.
Based on buyer-defined rules. Supplier, segment, value, terms.
Early settlement option made available to selected suppliers via emailed link.
Voluntarily accept or decline. Invoice-by-invoice.
Accepted invoices paid earlier than contractual due date, at discounted amount.
If the supplier doesn't opt in, no change occurs. The invoice is paid on its original contractual terms.
There is no obligation to deploy cash. There is no automatic execution outside defined buyer rules. Each offer, acceptance and settlement is fully traceable.
No mandates, no exclusivity, no commitment to a fixed discount programme.
Different supplier groups, different rules. No critical-mass requirement to deliver value.
Eligibility and rates can change. Strategies can pause without disrupting any supplier.
Pace can be used independently as a timing-flexibility mechanism. Or alongside Flow where broader settlement control is required.
