MFMP for Vendors - Florida

[Pages:63]MyFloridaMarketPlace

MFMP For Vendors

Agenda

? MyFloridaMarketPlace Overview ? Doing Business with the State of Florida ? Managing Vendor Accounts ? Responding to Events ? Viewing Transaction Information ? Transaction Fee Payments ? Resources

Key Learning Objectives

Upon completion of this training, you will be able to:

? Update contacts, commodity codes and locations in the MyFloridaMarketPlace (MFMP) Vendor Information Portal (VIP)

? Register for access to MFMP Sourcing and to receive solicitation notifications from MFMP Sourcing and the Vendor Bid System (VBS)

? Maintain an active MFMP VIP account ? Submit a Florida Substitute Form W-9 ? Submit Transaction Fee Reports and

make payments in MFMP VIP ? Access the Department of Financial

Services (DFS) Vendor Payment History website

MyFloridaMarketPlace

What is MyFloridaMarketPlace?

MyFloridaMarketPlace, commonly known as MFMP, is the State of Florida's eProcurement system, in operation since 2003. The system is a source for centralized procurement activities, streamlining interactions between vendors and state government entities by providing tools to support innovative procurement for the State of Florida.

Benefits of Using MFMP

MyFloridaMarketPlace provides:

? 24/7 online access to bid opportunities ? Ability to submit electronic invoices

(eInvoices) ? Equal access for woman-, veteran- and

minority-owned businesses ? Single registration for sales and billing ? Improved quality and accuracy of

interactions with the State of Florida ? Customer service support staff available

to provide real-time assistance ? Performance rating to help vendors

stand apart from their competitors

Vendor Information Portal

What is the MFMP Vendor Information Portal?

The MFMP Vendor Information Portal (VIP) is a self-service online application that allows vendors to:

Register to do business with the State of Florida

Maintain their account/contact information

View their performance ratings View and report their transaction fees Select commodity codes that match

their business' offered goods/services

Florida Substitute Form W-9

What is the Florida Substitute Form W-9?

An Internal Revenue Service (IRS) form that is used by DFS to validate a vendor's business name and Tax Identification Number. To receive purchase orders (PO) or payments from the State of Florida, vendors should create a DFS vendor account and submit a W-9 on the DFS vendor website.

To learn more, see the Florida Substitute Form W-9 Frequently Asked Questions.

Florida Substitute Form W-9

See this short YouTube video

for more information about the W-9

process!

Things to know:

? Vendors will need to create a separate DFS account to submit their W-9

? Vendors will need to provide their:

Tax identification number Business name Primary mailing address Business designation Email address Telephone number

? Once the W-9 has been verified, vendors will receive a confirmation email from DFS

 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download