Poll Title: Payment of Invoices with Immediate Payment Terms

Background: At our company, an invoice is considered "Paid-on-Time" if the payment is released on or before due date of the invoice. However, for vendors with "Immediate" or "NT00" payment terms, the invoice cannot be paid on the invoice date itself. We are interested in how other companies handle this scenario.

Poll Question: For vendors with immediate payment terms, what is your company's approach so that their invoices can be considered as paid-on-time?


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  Invoices are paid within a fixed number of days of the invoice date 19%
  Invoices are paid within a fixed number of days of the date the invoice is received 12%
  Invoices are paid on the next payment run after they are received, regardless of invoice date 65%
  Other (Please Comment) 4%

Poll Question: If a fixed number of days is utilized within which to pay invoices with immediate payment terms, how many calendar days from invoice date or invoice receipt date do you allow?


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  1-3 days 50%
  4-6 days 10%
  7 days 20%
  8-10 days 20%
  More than 10 days 0%
  Not Applicable 0%