What is required from you as a supplier?
Invoices should be submitted in the usual way. If you are signed-up to use the Coupa Supplier Portal, the process is as follows:
- Click on the menu at the top right, and then select Orders.
- In the Select Customer dropdown, choose the desired customer.
- In the PO table that appears, choose the PO you would like to invoice, and then click on the yellow coins to create an invoice.
- The invoice can be also created from the email notification received.
For more information, read the How to create an invoice guide.
How do I create an invoice if there’s no purchase order?
You can’t submit invoices without an associated PO.
Where do I send correspondence and other ‘non-invoice’ documents?
Any documentation that is not associated directly with an invoice should be sent to your usual Pearson contact.
What software do I need to install?
No additional software is required to participate in the Priority Account Service (PAS).
How will PAS impact the payment process?
We will pay you automatically as soon as an invoice has been authorised rather than waiting for the contracted payment due date.
How can I be sure you will charge the correct rebate?
The process will be transparent and the relevant information (the percentage fee and the number of days your payment has been accelerated) will be printed on the debit note so that your finance function can validate all calculations.
Have my existing contracted terms and conditions changed?
The terms and conditions for the PAS vary the payment terms applied to your contracts. In all other respects, your contracts remain in full force and effect.
How much will I be charged?
There are no service charges, joining fees or hidden charges. The only fee you pay to participate in the service is the agreed early payment rebate. In return for paying you ahead of contracted terms, Pearson will apply a rebate which will be deducted at an individual invoice level. The rebate is entirely dynamic, driven by the exact acceleration achieved on each invoice. The PAS is an entirely results based service and the rebate is only taken when payment is made early.
