ERP Term
"Progress Payment  "

A payment the customer makes to the company before production is complete. Payments are usually tied to a milestone or date.

Progress payments are usually made to ensure that the company can cover production costs. The customer may make a progress payment to secure a spot in the production schedule or to receive a discount on the final product. Payments are typically made at regular intervals and may be based on milestones or dates.

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Guide to PEPPOL e-Invoicing
PEPPOL is more than an e-invoicing standard: it is a way to streamline global trade. Its adoption enables companies, large and small, to navigate the complexities of international transactions with ease and efficiency.It offers multiple benefits, such as the automation of e-invoicing, which minimizes errors and increases productivity. Especially for large companies with significant transaction volumes, this can translate into significant cost and time savings.PEPPOL's universality also simplifies cross-border trade,...

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