One single creditor for all your tail spend

Single creditor for tail spend: frequently asked questions

What is a single creditor for tail spend?

Instead of registering and paying hundreds of C-suppliers, your finance team has one creditor: Spot Buy Center. We buy from the suppliers and invoice you, which can reduce your supplier base by up to 50%.

Why consolidate C-suppliers under one creditor?

Every small supplier needs onboarding, master data, checks and invoice handling, while it represents only a small part of your spend. With one supplier and one single creditor for all C-suppliers, that administrative load largely disappears.

How do we receive invoices?

Digitally, through the channel you prefer, such as Peppol, EDI, cXML or OCI. Every invoice includes your purchase order number and is sent to the right entity, so matching and booking take far less time.

Do tail spend suppliers accept our payment terms?

Yes. We accept your payment terms and handle the discussions with all tail spend and spot buy suppliers, so you no longer negotiate terms with each small vendor.

Who handles supplier issues and invoice questions?

We do. Spot Buy Center is your single point of contact for order issues, supplier credit ratings and invoice questions, and we take over tedious checks such as IntraStat.

How does finance get visibility on tail spend?

All tail spend runs through one creditor and the no PO, no order principle. You get a transparent overview of every transaction: what was bought, by whom and at what cost.

Can we handle fast payments and online purchases this way?

Yes. Fast payments and online purchases run through the same single creditor, without extra work for your finance team.