We can all relate to those tasks on our desk that we have procrastinated getting started on. They sit on our desk like an ugly paperweight that’s the size of a large rock….maybe boulder. I hate to state the obvious but, it is easier to start a good habit than it is to break a bad one. In other words, it is easier to never have the paper weight tasks sitting on your desk than it is to remove these tasks. The trick is making the good habits easy to start.
When it comes to electronic payments, there are several habits that are so easy; you’ll wonder why you didn’t start them yesterday.
Take advantage of supplier discounts
Supplier discounts are always a nice incentive to pay your invoices early. But if you’re sending a cheque in the mail, how can you predict if your payment will arrive before the discount deadline? Schedule your electronic payments on a specific date to guarantee you will receive those supplier discounts.
