Enroll Vendors
Easily Enroll Your Vendors
 |
|
Vendor enrollment is the single biggest hurdle for companies seeking to migrate from checks to electronic payments such as ACH or virtual card. Because most companies transact business with thousands of vendors, the one-to-one approach of inviting a vendor to receive electronic payments is unrealistic. A one-to-many approach is needed. SunGard provides a comprehensive vendor enrollment program designed to help our customers obtain and maintain the bank |
account details of their vendors. Our methodology utilizes a proven approach based on best practices to achieve optimum results.
 |
|
This technique targets your top tier vendors receiving large volumes of payments per month and can deliver significant impact to your electronic payment initiative. The main objective is to achieve substantial reductions in paper check volumes in order to realize valuable cost-saving benefits. SunGard AvantGard provides full services to contact your vendors and manage the entire enrollment process. A vendor that acts on the invitation to enroll in the PayNetExchange Global Vendor Directory only has to complete a simple online registration form via the PayNetExchange vendor web portal. |
Watch a video to see just how easy it is for your vendors to enroll to receive electronic payments.