Account Types determine how stock orders are paid and how quickly orders are finalized and released for fulfillment. Four options are available to established organizations. Fees are the same for all account types. Consult your purchasing agent to determine which account type is best suited to your needs and your organization's rules and procedures.
Charges for stock orders on APSingle accounts are itemized in a quote created and emailed to you or your delegate when orders are processed. Orders are released for fulfillment when payment is received. The order quote and receipt for online payment are your transaction documents. You will not receive invoices for APSingle orders. You have 6 weeks to pay for an APSingle order before it is canceled. To take full advantage of the volume discount with an APSingle account, pay for an existing order you want fulfilled before placing a new order.
Charges for stock orders on POSingle accounts are itemized in a quote created and emailed to you or your delegate when orders are processed. Orders are finalized and released for fulfillment when a Purchase Order (PO) for the quoted amount is received. Your PO will be invoiced after your order has shipped. You have 12 weeks to send us a PO for a POSingle order before the order is canceled. To take full advantage of the volume discount, finalize POSingle orders you want fulfilled before placing a new order.
Charges for stock orders on APMulti accounts are deducted from funds you deposit to your account. Orders are finalized and released for fulfillment when processed. Statements that itemize the charges are emailed when each order is shipped. Your funds will remain on account for your use until they are spent.
To fund your account - contact us with the amount you want to place on account and we will send an invoice. Your account type will display as APMulti-InProg (in progress) until your account has been funded. You can place orders on an APMulti-InProg account, but we cannot ship your stocks until funds have been received.
Charges for stock orders on POMulti accounts are applied to a blanket Purchase Order (PO) you provide in advance. Orders are finalized and released for fulfillment when processed. Statements that itemize the charges are emailed when each order is shipped. Final statements itemizing all charges on the PO will be emailed for your review prior to invoicing. All orders shipped under the blanket PO will be included on a single itemized invoice sent shortly after the end of the PO's service period (or shortly before if it ends mid-month). POMulti accounts are not available to private commercial organizations. If your organization does not use Purchase Orders to guarantee future payment for goods provided now, a 'promise to pay' letter from your academic department can serve the purpose (download a template).
- How Do I Change My Account Type?
Account holders and delegates can change their account types at any time. To determine your account type, log in to your account and select ACCOUNT in the upper right corner of the page (or Menu | Account in mobile view). Your current account type appears on the Account Information page. Contact us by email to change your account type.