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If you are aware of a new supplier with outsourced accounts i.e. using a factoring company, it is essential that the Site Name is entered as Factor when setting up the supplier. 

If an existing supplier chooses to use a factoring company, or informs you of any changes to their current address, please follow the standard amendment process. Advice on making payments to factoring companies needs to come from the supplier directly and not from the factoring company.


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