Check Correct Payment Route

Purchase to Pay Introduction Identify Need for Goods or Services Purchasing Equipment over £100k Identify Potential Suppliers Check Correct Payment Route Tenders and Quotations Establish Purchasing Route No Purchase Requisition Order via Marketplace Payment Requests Receive (or Reject) Goods or Services Manage Invoices for Payment Open POs/Invoices on Hold Process Controls
Note:  There are certain situations where choices need to be made regarding payment before committing to a purchase.

Supplier is an individual

Depending on the nature of the payment and employment status of the individual, the Purchase to Pay process may not be the most appropriate route. Refer to Making Payments for guidance.

Payment will be non-sterling

Where payment will be non-sterling and meets the following criteria:

  • Over £50k
  • To be made 3 months – 2 years hence

A forward currency contract may be relevant. Refer to Foreign Currency Management for guidance.