"Vendor payments" refers to the money a company or individual pays to their suppliers or service providers for goods or services they have provided. It is the payment made to the person or business from whom the product or service was purchased.
Full definition
A business credit score derives from multiple sources, including legal files, credit applications, supplier and
vendor payment histories, collections information, and other background data.
In general, credit cards are most appropriate for everyday business purchases such as supplies, office equipment or
monthly vendor payments.
You can
manage vendor payments and business expenses as well as write and print checks from bank or trust accounts.
Many companies come to us not understanding why their business credit reports do not reflect their
current vendor payment experiences.
Every cent counts, but it takes a lot of commitment to save for your business, especially
when vendor payments, equipment demands, and other expenses come calling.
Main job duties of these accounting professionals include charging expenses to accounts, recording entries,
performing vendor payments, paying employees, managing vendor accounts, and maintaining company information confidentiality.
Worked with accounts payable to
improve vendor payment turnaround and opened lines of communication with department heads while also extending operations to improve service levels.
The perpetrators then posed as a vendor while communicating with a professional services company that was hired to handle the details and logistics
of vendor payments for the American corporation, the lawsuit said.
Letters from Schwartz to the governor, first obtained by The Buffalo News under the Freedom of Information Law, detailed how the firm recommended holding back $ 49 million worth of
state vendor payments, pending further documentation (most of which was later reportedly obtained).
Delaware based Resort / Property Management Company looking for a part - time Accounts Payable Clerk to assist with
handling vendor payments, entering invoices, maintaining inter-company records and transactions, and general assistance for the Accounting Manag...
Monitored vendor payments ensuring appropriate billing initiatives were met and performed quarterly audits ensuring compliance.
Tracked vendor payments to make sure invoices are received and paid in a timely manner; following up with departments and vendors as necessary
While Tracy spends much of her day inputting revenue, reconciling deposits and
coordinating vendor payments, she also knows the importance of a sense of humor and never fails to greet guests and team members with a smile.
For example, the executive chamber's contract with Guidepost Solutions, which eventually yielded
new vendor payment - related protocols for state agencies, was initially valued at only $ 450,000; its value was amended to exceed $ 1 million.
Getting your new card is often an easy process, but beware of potential fraud opportunities and
outdated vendor payments... Continue reading»
Recurring payments that are automatically debited from your old account, such
as vendor payments and dues, will need to be changed.
Represented special committee of independent directors of public telecommunications company in investigation of allegations of
improper vendor payments and accounting irregularities.
Imposed corrective action, to include
vendor payment hold; monitored corrective action plans to ensure resolution of compliance issues
Implemented
Discount Vendor payment procedure to process payments for store equipment and material within net 10 day payment terms, which will result in hundreds of thousands of dollars in savings by year end.
Assisted Travel Team Accounts
in Vendor Payments and Check Dispersal's by performing organizing, filing and data entry duties.
Introduced cost savings such as reduction of 50 % in Federal Express other administrative expenses, more efficient accounting procedures in handling bank deposits, payroll processing, customer billings and
vendor payment approvals.
Scanned vendor invoices, coded products and services, scheduled payments, gained departmental approval per vendor delivery of rendered services or products and
mailed vendor payments after processing.
Candidate will manage Accounts Payable invoices, manage
vendor payment files, and reconcile statements.
Collaborates with managers and directors on supply ordering, staying within the forecasted budget and processing all invoices to ensure
proper vendor payment.
On Deck's secret is software that evaluates loans within minutes based on analysis of data including cash flow, past credit use, and
vendor payment history.
Also completed budgeted and actual variance analysis on prior year financials and
made vendor payments.
under the Freedom of Information Law, detailed how the firm recommended holding back $ 49 million worth of
state vendor payments, pending further documentation (most of which was later reportedly obtained).
Disburse approved purchase orders to originators and provide documentation
for vendor payment.
Our simple credit application and quick credit approval process means that transactions are completed within hours and
vendor payment is made promptly.
Their first pilot customer was Palantir, where they noticed the challenge the kitchen team faced with managing invoices and
vendor payments.
The Office of Fiscal Services is responsible for payments to school divisions, including entitlement payments and state and federal reimbursement requests and for providing technical assistance and ensuring compliance with state and federal regulations related to payroll, travel reimbursement,
vendor payments, accounts receivable and IRS 1099 reporting.
Use our ACH services to make
your vendor payments, employee payments, loan payments and for managing your surplus funds.
On Deck's secret is software that evaluates loans within minutes based on analysis of data including cash flow, past credit use, and
vendor payment history.
Payroll,
vendor payments and direct deposits can be debited or credited through ACH, one of the most trusted financial transaction networks.