The SUS invoice will be rejected in the SUS Portal and the status will be changed to "Cancelled by Customer". In addition, you can view the reason of rejection at “Customer Note” field.
At any time, only one contract is allowed to be assigned to one Factoring Company. Or you may stop the factoring arrangement with the existing Factoring Company and appoint other Factoring Company to finance the same contract.
You will receive notification from Finance SSO once the application has been approved. You are required to furnish your contact details for correspondence.
Any factoring arrangement will only be stopped or cancelled by TM upon receipt of instruction/release letter from Factoring Company/Financial Institution.
The claim will be rejected by TM and Supplier/vendor need to re-submit the invoice via SUS portal correctly as per required.
Basic rule as per mentioned in the TM Deed of Assignment (DOA) letter, all invoices subject to factoring arrangement are required to be stamped as per format mentioned under Para 2. SUS portal will defaulted to the factoring bank and supplier/vendor is not allowed to change the bank info unless to cancel the factoring arrangement.
Yes, all payment tagged to that contract will be paid direct to the said Factoring Company / Financial Institution; without exception.
Yes.
Your application approval depends on as following:
You need to address all required documents to:
Manager Accounts Payable, Finance SSO
TM TECHNOLOGY SERVICES SDN. BHD. (200201003726 [571389H])
Level 19, TM Annexe 2,
Jalan Pantai Jaya, Off Jalan Pantai Bahru,
59200, Kuala Lumpur.
Do not send the hardcopies. Please email to TM Help Desk Finance SSO, fsso.helpdesk@tm.com.my