Column: Extra profits: Magic of purchase discounts can boost company’s bottom line

Using purchase discounts is a recipe for success in any economy. Mixing a scoop of good business practices, a pinch of strengthening supplier relations, and a dollop of profits creates a dish that is sure to fatten your bottom line. If your company is not doing so already, paying supplier bills early enough to take advantage of purchase discounts is a quick and easy way to move to the next level.