Explanation
A PAYDEX® of 80 means the company pays on time; scores above 80 reflect early payment. Most net-30 vendor programs require an 80+ for tier graduation.
PAYDEX® is built from reported trade experiences, so a business needs at least 2–3 reporting vendors and 4+ recent payment experiences to generate a score.
Examples
- •PAYDEX® 80 = pays as agreed
- •PAYDEX® 100 = pays 30+ days early
- •Below 50 = significant delinquency
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