Purchase orders - Welcome to Become Our Long-Term Partner
A Purchase Order (PO) is a legally binding document between a buyer and a supplier. It should define every detail of the purchase, such as quantity, agreed price, delivery date, vân vân. Subject to the agreed payment terms and conditions, the supplier accepts the buyer’s purchase order and allows the buyer to purchase and receive the product or service without immediate payment. VOOHU now offers a standard 7-day payment term for purchase orders for approved businesses. Other payment terms such as 15-day payment term, 30-day payment term, vân vân. are also available based on your business requirements.
Benefits of Purchase Orders for You
Better budgeting and internal control
Delaying cash outflows allows companies to better manage budgets, understand costs, proactively work on projects, and meet financial obligations.
Improved efficiency and accuracy
The purchase order system makes the procurement process more efficient and provides a better shopping experience, faster delivery, and payment security.
Enhanced approval process
VOOHU has a multi-step purchase order approval process. Effective use of purchase orders is the door to new opportunities and an important part of a successful business.
Who can qualify?
Purchase orders are mainly used for commercial sales where the company has a solid business reputation in procurement, such as schools, governments, Fortune 500 companies, and our long-term partners.
How does a purchase order work?
Once a credit account (such as Net 30) is approved, the option to pay via a purchase order will appear at checkout. Whether you purchase online or offline, a net credit account will successfully complete your purchase order and you only need to remit the order payment within the agreed delivery period.
Purchase Orders Offline:
Our online purchase order keeps you in sync anytime, anywhere. Just create a purchase order, select the purchase order payment at checkout, and wait for the order to be delivered.
–Steps
1. Add the products you need to your shopping cart using your VOOHU account.
2. At checkout, select the “Đơn đặt hàng” payment method for your order.
3. Upload your purchase order file and fill in the purchase order number for our review.
4. We will process your purchase order accordingly. (Offline purchase orders are recommended for faster service)
Place a purchase order offline:
Offline purchase orders can serve you when you don’t want to place a purchase order online. Just send your purchase order to your account manager and confirm all the details about the purchase:
–Steps
1. Confirm all the details about your purchase such as product, quantity and price via email.
2. Send your purchase order document to your account manager for review.
3. Your account manager will confirm your purchase order and send the PI back to you.
4. We will process your purchase order accordingly.
Apply for Net Payment Terms for your purchase orders
Net Payment Terms are 7 ngày, which is our standard payment term for purchase orders. VOOHU can also provide other payment terms, such as Net Payment Terms of 15 ngày, Net Payment Terms of 30 ngày, etc., please contact us for more details.
— Application Steps
1. Apply for a Net Payment Terms account by contacting your Account Manager, emailing song.lei@wohu-tek.com or calling +86-400 1048 018.
2. Download the credit application form, provide credit references and at least three proofs of Net Payment Terms transactions with other companies.
3. Submit the information to VOOHU and wait for the credit account approval.
4. Start purchasing with your Net Payment Terms credit account immediately.
Easier ways to get paid for purchase orders
All purchase orders placed through VOOHU are due and payable within a certain period (e.g. 7 ngày) after shipment. VOOHU can support different payment methods such as Paypal, credit card, bank transfer, check, vân vân. For more payment method details, you can visit our payment methods or contact your account manager for assistance.
Purchase Order Terms
All purchase orders must be paid by the due date. Failure to pay will affect the customer’s credit limit and accrue interest.
About deferred payment:
If the buyer has force majeure and notifies VOOHU in writing before the due date, payment may be deferred until 7 calendar days after the due date. If the buyer fails to pay within the calendar day after the due date, without prejudice to any other rights or remedies available to VOOHU, VOOHU will restrict the buyer’s credit and will be entitled to charge the buyer interest at a rate of one percent (1%) per month above the base rate from time to time until full payment (a part of a month will be considered a full month when calculating interest).
About orders with after-sales problems:
After the buyer receives the goods, if the after-sales problem is caused by VOOHU, the buyer can suspend payment until the buyer receives the repaired or replaced product. If the after-sales problem is caused by the buyer, the buyer cannot refuse to pay the order.
About orders with after-sales problems:
After the buyer receives the goods, if the after-sales problem is caused by VOOHU, the buyer can suspend payment until the buyer receives the repaired or replaced product. If the after-sales problem is caused by the buyer, the buyer cannot refuse to pay for the order.
About canceling orders:
If you need to cancel an order, please notify your account manager in writing in advance. VOOHU will review, give you feedback and guide you through the process of canceling the order. If the order cancellation is caused by VOOHU (such as receiving a defective or wrong product), the buyer can cancel the order.
If the order cancellation is caused by the buyer and the buyer has not formally declared and negotiated with VOOHU in advance, the order cannot be canceled.
