Vendor Discounts For Early Payment, or VDEP, is a business practice that rewards customers for paying earlier than the stated payment terms. This discount encourages customers to pay within the early payment window and provides them with an incentive to do so. VDEP helps businesses by increasing cash flow and reducing the amount of time accounts remain unpaid. It also helps improve relationships between vendors and customers, both of which benefit the overall operational efficiency of the organization. Whether you’re a buyer or a seller, VDEP is an excellent tool for achieving financial savings and strengthening supplier-customer relations.