Re: Amazon Canada - next steps

Adding @Angie Markwell <angie.markwell@thekey.com> and @Audra Williams
<audraw@thekey.com> for input/guidance....


On Mon, Jun 5, 2023 at 2:43 PM <andreas.kozak@thekey.com> wrote:

> Hello Team,
>
>
>
> Can someone please provide some feedback as to where we want to go with
> this initiative?  Is the Canadian team still interested in having their own
> Amazon business account?
>
>
>
> Thx,
>
>
> Andy
>
>
>
> Andreas Kozak
>
> Procurement
>
> (631) 400-4409
>
>
>
> [image: TheKey] <https://homecareassistance.com/>
>
>
>
> https://thekey.com/
>
>
>
> *From:* andreas.kozak@thekey.com <andreas.kozak@thekey.com>
> *Sent:* Wednesday, May 3, 2023 15:24
> *To:* 'Ethan Stein' <ethan.stein@thekey.com>; 'Geraldine Nath' <
> geraldine.nath@thekey.com>
> *Cc:* 'Timothy Thomas' <tt@thekey.com>; 'Hua Wu' <hua.wu@thekey.com>;
> 'Gabriel La' <it@thekey.com>; 'Natalie Cahoone' <
> natalie.cahoone@thekey.com>; 'Mitch Belitz' <mitch.belitz@thekey.com>;
> 'Kate Bohrer' <kate.bohrer@thekey.com>; anotte.francois@thekey.com; 'Paul
> Kahn' <paul.kahn@thekey.com>
> *Subject:* RE: Amazon Canada - next steps
> *Importance:* High
>
>
>
> Hello Team,
>
>
>
> Another month has passed and I am curious if we are now able to pay a
> Canadian Amazon account from our Canadian bank.  Back in February it
> sounded like we’re “almost there”, so I would really like to move forward
> with this as soon as possible.  Please provide your feedback and any
> reasons that may prevent us from implementing the Amazon Canada account.
>
>
>
> Adding Paul for feedback and guidance.
>
>
>
> Thx,
>
>
>
> Andy
>
>
>
> Andreas Kozak
>
> Procurement
>
>
>
> (631) 400-4409
>
>
>
> [image: TheKey] <https://homecareassistance.com/>
>
>
>
> https://thekey.com/
>
>
>
> *From:* andreas.kozak@thekey.com <andreas.kozak@thekey.com>
> *Sent:* Monday, April 3, 2023 11:41
> *To:* 'Ethan Stein' <ethan.stein@thekey.com>; 'Geraldine Nath' <
> geraldine.nath@thekey.com>
> *Cc:* 'Timothy Thomas' <tt@thekey.com>; 'Hua Wu' <hua.wu@thekey.com>;
> 'Gabriel La' <it@thekey.com>; 'Natalie Cahoone' <
> natalie.cahoone@thekey.com>; 'Mitch Belitz' <mitch.belitz@thekey.com>;
> 'Kate Bohrer' <kate.bohrer@thekey.com>; anotte.francois@thekey.com
> *Subject:* RE: Amazon Canada - next steps
> *Importance:* High
>
>
>
> Hi All,
>
>
>
> Are there any updates that would enable us to formally start using the
> Amazon Business account for Canada?  I believe the main obstacle was the
> ability to pay Amazon Canada from our Canadian JP Morgan account?  Has this
> been resolved, and if not, when can we expect this to get resolved?
>
>
>
> Thx,
>
>
>
> Andy
>
>
>
> Andreas Kozak
>
> Procurement
>
>
>
> (631) 400-4409
>
>
>
> [image: TheKey] <https://homecareassistance.com/>
>
>
>
> https://thekey.com/
>
>
>
> *From:* andreas.kozak@thekey.com <andreas.kozak@thekey.com>
> *Sent:* Wednesday, March 1, 2023 11:26
> *To:* 'Ethan Stein' <ethan.stein@thekey.com>; 'Geraldine Nath' <
> geraldine.nath@thekey.com>
> *Cc:* 'Timothy Thomas' <tt@thekey.com>; 'Hua Wu' <hua.wu@thekey.com>;
> 'Gabriel La' <it@thekey.com>; 'Natalie Cahoone' <
> natalie.cahoone@thekey.com>; 'Mitch Belitz' <mitch.belitz@thekey.com>;
> 'Kate Bohrer' <kate.bohrer@thekey.com>; anotte.francois@thekey.com
> *Subject:* RE: Amazon Canada - next steps
>
>
>
> Thank you all for your feedback!  Please keep me posted so that we can
> move forward once everything is in place from our end.  I’ll follow up
> monthly, so we won’t lose track.
>
>
>
> Thx,
>
>
>
> Andy
>
>
>
> Andreas Kozak
>
> Procurement
>
>
>
> (631) 400-4409
>
>
>
> [image: TheKey] <https://homecareassistance.com/>
>
>
>
> https://thekey.com/
>
>
>
> *From:* Ethan Stein <ethan.stein@thekey.com>
> *Sent:* Tuesday, February 28, 2023 19:15
> *To:* Geraldine Nath <geraldine.nath@thekey.com>
> *Cc:* andreas.kozak@thekey.com; Timothy Thomas <tt@thekey.com>; Hua Wu <
> hua.wu@thekey.com>; Gabriel La <it@thekey.com>; Natalie Cahoone <
> natalie.cahoone@thekey.com>; Mitch Belitz <mitch.belitz@thekey.com>; Kate
> Bohrer <kate.bohrer@thekey.com>; anotte.francois@thekey.com
> *Subject:* Re: Amazon Canada - next steps
>
>
>
> To append to Geri's comments, JPMorgan has shared it's technically
> feasible to have our US-based AP team pay the invoices from our Canadian
> JPMorgan accounts via Netsuite, however we need to set up the IT/system
> side of things, plus adjust the team to generate the operational capacity
> to handle it.  So it could be some time still before this is in place.
>
>
> Regards,
> Ethan Stein, CFA
>
> Treasurer
> TheKey.com
>
> [image: TheKey] <https://homecareassistance.com/>
>
>
>
>
>
> On Tue, Feb 28, 2023 at 2:15 PM Geraldine Nath <geraldine.nath@thekey.com>
> wrote:
>
> Andreas:
>
>
>
> See below for your question.
>
>
>
> *gerri nath*
>
> Chief Accounting Officer, The Key
>
> Mobile: 561-879-0132
>
>
>
> [image: TheKey] <https://homecareassistance.com/>
>
>
>
> *From:* andreas.kozak@thekey.com <andreas.kozak@thekey.com>
> *Sent:* Tuesday, February 28, 2023 4:11 PM
> *To:* 'Ethan Stein' <ethan.stein@thekey.com>; 'Geraldine Nath' <
> geraldine.nath@thekey.com>; 'Timothy Thomas' <tt@thekey.com>; 'Hua Wu' <
> hua.wu@thekey.com>; 'Gabriel La' <it@thekey.com>; 'Natalie Cahoone' <
> natalie.cahoone@thekey.com>; 'Mitch Belitz' <mitch.belitz@thekey.com>
> *Cc:* 'Kate Bohrer' <kate.bohrer@thekey.com>
> *Subject:* Amazon Canada - next steps
> *Importance:* High
>
>
>
> All,
>
>
>
> Thank you very much for your time today and the feedback you provided.  I
> am sensing general agreement to further explore this option, however,
> before finalizing anything I would like to follow up on these topics based
> on our conversation:
>
>
>
> ·         Currently, each Canadian entity uses their own Amazon account
> with a credit card.  There is not much spend in general, however, spend
> with other suppliers could be consolidated into the Amazon account.
>
>    - There is no central AP department that could handle payment for all
>       Canadian entities.
>       - Each Canadian entity will need a copy of a spend report.
>       - Payment should come out of the Canadian JP Morgan account.
>
>
>
> *Ethan and Gerri:* With the lack of a central AP organization in Canada,
> can (and should) invoices from Amazon Canada be handled and paid by the US
> AP team using the Canadian JP Morgan account?  Would this process add a
> significant workload to any team member (i.e. additional intercompany
> transactions)?  We are currently exploring having the AP system be able
> to pay from the Canadian JP morgan account.  It is not setup yet.  Anotte
> is working on that.
>
>
>
> Thx,
>
>
>
> Andy
>
>
>
>
>
> Andreas Kozak
>
> Procurement
>
>
>
> (631) 400-4409
>
>
>
> [image: TheKey] <https://homecareassistance.com/>
>
>
>
> https://thekey.com/
>
>
>
>

-- 
Mitch Belitz
* Head of FP&A*
mitch.belitz@thekey.com
<https://brand.thekey.com/esg/mitch.belitz@thekey.com>
TheKey.com <https://www.thekey.com/>
[image: TheKey] <https://homecareassistance.com/>