Poll Title: Multiple Payment Terms for a Single Vendor
Background: When negotiating contracts with a single vendor across different categories, plants, etc., there is sometimes a request for different payment terms for each. We would like to know how other companies handle this issue.
Poll Question: Does your company negotiate different/multiple payment terms for the same vendor?
Poll Question: How does your company manage different terms for the same vendor?
| Set up duplicate vendors to accommodate different terms | 14% | |
| Use permitted payee (remit) addresses to control the payment term | 18% | |
| Configured/customized our ERP to tie a payment term to each ordering address | 9% | |
| Other (Please Comment) | 9% | |
| We don't allow different terms | 50% |