An increasing number of companies nowadays either work with various forms of purchasing association or have established centralized procurement with processes for centralized invoicing and payment. A centralized settlement process enables the retail company (for example) to negotiate terms of purchase and payment between the supplier (creditor) and the customer (debtor). Commission is payable by either the customer or the supplier. Actual trading (orders, deliveries etc.) can then take place completely independently of the retailer.
The SAP ERP-Suite Agency Business Module offers the flexibility for documents to be captured and recorded without reference to upstream transactions, while abiding by all negotiated terms for both the supplier and the customer.