Case Study: Lion achieves 30-day payments for 95% of suppliers with Earlytrade

Lion delivers 30-day terms for 95% of all suppliers, large and small

The customer, Lion, a large beverage company, sought to innovate its supplier payments to build sustainable partnerships and avoid the poor practices and public scrutiny affecting other FMCG corporations. To address this challenge, Lion partnered with the vendor Earlytrade to implement a custom solution.

Earlytrade deployed its Marketplace solution to provide Lion's suppliers with a simple, voluntary, and confidential option to reduce their payment terms for greater flexibility. The vendor's solution helped Lion successfully deliver on its commitment to pay 95% of all its suppliers within 30 days, with its Australian beer business achieving an average days payable outstanding (DPO) of just 24.9 days.

Lion