Email exchange between myself and a vendor:
Vendor: I discussed this issue with my CFO and we are going to decline the early payment options and stick to the contracted terms of Net30.
Me: Thank you for your response to the Early Payment Initiative. I have recorded your company’s response as follows:
Company: IQ Management Apps, Inc.
Selected Payment Term: Contractual Net30
New Terms Effective Date: Blah, blah, blah…
Vendor: “When can you confirm that we will stay on the Net30?”
WIDTS: Right after you’ve used your own product(s) for about a year.
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