How do Early Pay Discounts (EPD) work?

If you are a registered user on the Coupa Supplier Portal (CSP), you can use these steps to configure your preferences for Early Pay Discounts (EPD):

1. Log in to the CSP (for more information, see Registration and Login).
2. Go to the More tab and select Add-ons.
3. Click Early Payment Discounts.
4. Scroll down and click Update Discounting Preferences.

From the Early Pay Discounts screen, you can set your preferred discount terms. For EPD setup, you have two options. You can either:

• Set up Global Discount Preferences. Global Discount Preferences are the discount terms that you’re willing to accept from all of your customers using Early Pay Discounts in Coupa. You can select a preferred term for each net payment term that you use with your customers.
• Set up Customer Preferences. The Customer Preferences option may not be available to you; it's based on your customer’s EPD settings in Coupa. Setting specific terms for an individual customer will override any Global Discount Preferences you have set.

Based on the EPD preferences you set on the Early Pay Discounts page, Coupa then updates the payment terms on all your future purchase orders and invoices if the following conditions are met:

• Your buyer has an EPD program.
• Your buyer has enrolled you in an EPD program (for either or both Before and After Invoice Approval discounts)
• Your terms, either set in Global Discount Preference or Customer Preferences, match the customer's terms.

If the above conditions are not met, no action or changes occur in the system.

For more information about opting in to Early Payments in the CSP and configuring preferred discount terms, see Set Early Payment Discount Preferences: Before Invoice Approval.

For more information about reviewing and submitting early payment requests, see Submit Early Payment Requests: After Invoice Approval.