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Vendors who don't invoice at the PO price
May 12, 2023
Q. Are vendors contractually obligated to invoice at the PO price? We have a punch out vendor who won't invoice us at the PO price. I want to refuse payment as the AP Manager, but the Procurement department just wants to hard code and move on. The price difference is minimal, but I don't agree allowing the vendor to not honor our PO agreement, as it the correct approach to take.
A.
(Answered by the IOFM Advisory Panel)
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In our organization, if there is a written and signed agreement, we…
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