How will this affect me?

Buying: I am a buyer and I place orders with Speedy companies...

BEFORE 1st SEPTEMBER:

Raise orders as you do now and create a new account with Speedy Asset Services for 1st September 2009. Send the order to the depot/address that you send orders to now. Speak with the same people that you speak to now.

AFTER 1st SEPTEMBER:

Please ask all order placers in your company to use the new Speedy Asset Services account for all Purchase Orders. All orders need to be on your Speedy Asset Services Purchase Ledger Account.

Invoice Processing: I process Speedy Sales Invoices...

BEFORE 1st SEPTEMBER:

You will receive an invoice from the existing Speedy Company. This invoice will be in an easier to understand format. Pay the invoice as normal.

AFTER 1st SEPTEMBER:

You will receive invoices from the company you ordered from (either old or Speedy Asset Services). All our invoices will have an easier to understand format. Pay all invoices (old and new) to Speedy Asset Services Limited.

Statement Reconciling: I reconcile Speedy Statements...

BEFORE 1st SEPTEMBER:

You will receive a statement from Speedy by Speedy Company. The statement will show your open transactions with that Speedy Company. Reconcile the statement to your Purchase Ledger account as normal.

AFTER 1st SEPTEMBER:

You can choose to receive a single statement subtotalled by Speedy Company or separate statements for each company. You will also receive a statement from Speedy Asset Services.

Invoice Payments: I pay Speedy Invoices...

BEFORE 1st SEPTEMBER:

Pay as you do now. No change to your payments. Send all payments and remittances to the Speedy Shared Service Centre.

AFTER 1st SEPTEMBER :

For every Speedy invoice (both pre and post 1st September'09) please make all cheques payable to 'Speedy'/change BACS to the new account details. Send all payments and remittances to the Speedy Shared Service Centre.