Electronic Document Exchange enables Freeport-McMoRan and our suppliers to collaborate and conduct e-business in a highly integrated fashion. This system allows for Freeport-McMoRan to submit electronic Purchase Orders to suppliers, and receive electronic Invoices back from Suppliers - this is the 'Procure-to-Pay' cycle. Further, several other commercial and settlement process are involved, including payment terms standardization and ACH Electronic Funds Transfer (EFT).
Step 1: Verify Payment Terms
Standard payment/discount terms of Net 45 are required. Confirm your acceptance of these standard payment terms by notifying your Freeport-McMoRan Global Supply Chain contact.
Step 2: Setup EFT with Freeport-McMoRan
Setup electronic funds transfer with our Accounts Payable department by completing enrollment with PayMode. (for North America region only)
Step 3: Subscribe to Ariba Supplier Network
Ariba Supplier Network is for suppliers that want to transact with Freeport-McMoRan using electronic POs and Invoices .
Another application of Ariba Supplier Network is a punchout catalog. If approved by the Freeport-McMoRan Global Supply Chain commodity manager, the supplier will be able to host their punchout catalog within the Freeport-McMoRan requisitioning system through Ariba Supplier Network.
Register at Ariba Supplier Network.
Step 4: Procurement - electronic Purchase Order
The electronic purchase order process is enabled via the Ariba Supplier Network. Freeport-McMoRan supplier enablement team members and the supplier will team to develop and implement the Ariba-based procurement process.
Step 5: Settlement - electronic Invoicing and EFT
The electronic invoicing process is enabled via the Ariba Supplier Network.
Online guide providing comprehensive information for suppliers and their customers on how to use Ariba SN.