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Technology

Pam Panorama Tests Dynamic Discounting Platform

By Branislav Pekic
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Italian supermarket chain Pam Panorama has successfully tested a 'dynamic discounting platform' that facilitates advanced payment for invoices raised by suppliers offering a discount.

The aim of the mechanism is to optimise purchasing processes, while cash-strapped suppliers can benefit from payments made ahead of the stipulated time.

The platform has been developed by local start-up PlusAdvance.

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