Supplier Guide 2014 Jan. 2014 | Page 34

The Preferred Supplier should deal directly with the Member should a dispute as to the quality of goods or services supplied arise because the Supplier owes the Member any warranties or other obligations. In some situations Capricorn does try to assist Members and Preferred Suppliers resolve disputes because it has an active relationship with both. Should you require assistance please contact your local Business Development Manager or our contact centre. However, Capricorn will not become a party to those disputes or let them affect the obligations that Preferred Suppliers and Members owe Capricorn or vice versa. As a Preferred Supplier am I able to become a Member of Capricorn? Yes, most Preferred Suppliers are eligible to become Members of Capricorn but without voting rights. For further details contact your Business Development Manager or refer to our website. How guaranteed is payment? By this we mean that Capricorn takes credit risk for Member purchases that are processed as per your Supplier agreement with Capricorn. Capricorn makes payment to you for all purchases made by a Member using their Capricorn Account, regardless of whether or not the Member pays Capricorn. On these Member purchases you have no credit worries, 34.