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When you have the extra cash, call your vendors and see if they offer an early payment discount. If they do, take discounts on accounts payable invoices and pay them earlier than required on those invoices that offer discounts. After paying those vendors, then start calling the larger vendor accounts that do not have an early payment discount on the face of their invoice. Ask them if you decide to pay your invoices earlier than when they specify on their invoice, can they offer an early payment discount? It is well worth the call to vendors since they were not asked initially when you requested credit from them, thus no discount offer appears on their invocies since they thought it was not applicable for your company. It is worth it to call vendors except for just a few that do not offer discounts (i.e. governmental agencies, utilities, garnishments paid from payroll, etc.)

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