Payment terms always follow the contracted terms or the terms reflected on the Purchase Order (PO). Our default payment terms are 2%/10 net 90 days.

Payment terms are calculated from the later of the following:

• Receivable PO's from the later of the following: actual delivery date when goods are received at Intel; OR the date a valid, original invoice is received at Intel Accounts Payable.
• Non-Receivable PO’s payment terms clock start solely on the date a valid, original invoice is received at Intel Accounts Payable.

Electronic invoicing is the fastest way to submit an invoice. You can submit invoices electronically using the Ariba Network for Purchase Orders viewed on the Ariba Network, or using Intel(R) WebInvoice for Purchase Orders viewed on Intel(R) WebPO.

The Early Pay Program allows suppliers to offer a discount for accelerated payment on approved invoices. For a small discount, suppliers can receive early payment to improve cash flow. Intel will queue accelerated invoices for immediate payment utilizing the existing payment process.