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Three Ways Having a Digi-Key Credit Account Makes Business Easier

Anyone who’s worked in an office or with a team knows that paying for goods needed to do business can be a hassle. Maybe only one teammate has a company card, leaving the rest to track that teammate down and get the information to finish a purchase. Alternatively, individuals can pay for the business expense out-of-pocket and seek out reimbursement, leaving the person momentarily short in their personal bank account. If you’re the bookkeeper, it can feel like herding cats to find all the receipts and records of purchases across the company.

Situations like these are good examples of how having a credit account with Digi-Key can help your team and make the business of buying and paying easier.

Let’s take a closer look at three ways Digi-Key’s Credit Accounts can solve every day purchasing problems.

Problem 1: Only one person can make a purchase on behalf of the company

Solution: One account for all purchases made by your organization

There is no longer a need to get into immediate contact with the sole holder of the company credit card or head of the purchasing department. Each authorized buyer can place an order within the organization’s account for quick and efficient processing.

Problem 2: You need to make multiple payments for multiple employees

Solution: Ability to pay multiple invoices with one single payment

Whether a team is working together and making multiple purchases, or your organization has many individual buyers, your account allows you to pay all outstanding invoices at one time with a single payment option.

Problem 3: Your company needs flexible payment options

Solution: Multiple payment terms are available

Once your organization has an established credit account with Digi-Key, you have the option to choose credit terms that fit your unique business needs.

If a Credit Account sounds like something your organization could benefit from, you can apply today for a Digi-Key account by visiting the account application page and completing the online application. The account application process may take up to five business days and upon approval, an email confirmation will be sent to the Accounts Payable contact listed on the application.

Please note:

  • An offer to apply is not a guarantee and approval is subject to a credit review
  • Terms are subject to approval and will be determined on a case-by-case basis
  • If you have questions about a new or current account with Digi-Key, you can email accounting@digikey.com

We know that running a business can be challenging. Digi-Key is trying to make it as easy as possible for companies by offering credit accounts to alleviate some stress, administrative work, and time spent running after your colleagues.

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