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SUPPLIER SINGLE USE PAYMENT REQUESTS February 7, 2024 Fiona Stirling Thomas StraleyAGENDA Overview Limitations How to request Key Considerations Comparison to other payment methods Q&AOVERVIEW WHAT
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Supplier single use refers to a regulatory requirement where certain suppliers are permitted to use their respective business operations for one-time transactions or specific limited uses.
Businesses and suppliers that engage in single-use operations or transactions are required to file supplier single use documentation.
To fill out supplier single use, you must provide the necessary details about the transaction, including supplier information, transaction dates, and goods or services involved.
The purpose of supplier single use is to ensure compliance with regulations, track the use of materials, and maintain an accurate record of one-time transactions.
Information that must be reported includes the supplier's name, transaction details, product or service description, and the date of the transaction.
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