At Purchasing Power, we are continuously striving to improve our industry-leading employee purchase program. Serving more than 7.6 million employees in the U.S. and 260+ clients, we listen to feedback and make sure we meet the needs of our clients as well as our employee/member customers.
This month we launched a new payment term option for paying over time when placing orders. We have frequently received requests from customers to pay off their orders earlier. The option of a shorter payment term gives employees/members the flexibility they are requesting. They can determine the payment term that fits their unique budget and situation.
Previously, payment terms were 12 months, and now we have added a new option for those employees who want to pay off their order early – a 6-month term option. The new option went into effect in early April. Please let us know if you have any questions!