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Repayment day resulted in my "faster" payment being returned.
I have no idea how fast payment is — I haven't sold anything.
But faster payment should allow tables to be cleared sooner, so more people can be served.
Typically, as a company's working capital declines, its suppliers become nervous and begin to demand faster payment for goods.
But innovations like "just in time" supply chains and faster payment systems have reduced the role of inventories and accounts receivable and, conversely, raised the role of cash on corporate balance sheets, Professor Dittmar said.
The supervisors, 10 of them current employees and one recently retired, approved invoices for work that was unnecessary or was never performed, or guaranteed faster payment for work that was performed, in exchange for the kickbacks, federal prosecutors said.
Software developed by a company called SplitTheDifference makes proposals on behalf of insurers, relying on algorithms to gauge what discount a doctor might accept in exchange for a faster payment.
Housing advocates have criticized such agreements for offering tenants less favorable terms than they would receive from a judge, like requiring faster payment of back rent or tacking on legal charges or late fees, and that way increasing the likelihood of their eviction.
Other retailers and a retail consultant say it is hard to imagine that Wal-Mart pays the same per-unit price for a tube of Tom's of Maine toothpaste as a local health food store does, but Mr. Chappell says he does not adjust his prices even for fast payment of invoices.
