How to become an Approved Supplier

All procurement for the Communisis Group is orchestrated centrally through Communisis Sourcing. Based in Leeds, we co-ordinate purchasing strategy as well as actively managing our supplier base to ensure we secure maximum value in all our commercial dealings. Our supplier approval process goes through 5 steps:

Step 3: Payment Method

Communisis have partnered American Express as their chosen Purchasing Card Provider.  Depending on  our spend pattern  with the supplier, this will determine whether we go down the Purchasing Card route or apply our normal 60 days net. 

Should the spend warrant a purchasing card, we will nominate the supplier to American Express who will then invite the supplier to complete a Merchants Agreement with that card provider.  American Express then work with the supplier’s Accounts and IT functions to enable the accounting link. This normally takes the form of a few telephone conference calls. 

Once enabled, Communisis link the new merchant agreement number to their Databases and from this point it is a paperless system with no need for invoices or statements.  Payment is made directly from American Express to the supplier 5 days from Goods Receipt into Communisis.

Supplier quotes

"This is an excellent way of payment for work, and eliminates finance departments from both Communisis and the supplier getting involved in chasing payments and purchase orders.

The final point is that as a supplier the payment terms from Amex help the cash flow on the suppler side, which intern keeps the prices competitive as we are not having to spend time chasing debits."

See attached PDF showing the transaction process and benefits.