We are finally transitioning to ACH/Direct Deposit for our Vendors (already established for our employees).
What is the process / system / platform that you use to capture the banking data from your vendors?
Do you do Micro-Deposits? If so, can you share how you get the confirmation from the vendor?
We use Concur, then extract invoices to Oracle. Is the system / process you use something that is compatible with Concur, Oracle or 3rd party standalone.
I'm interested in the same thing. We just started paying invoices and now I need to extract data into my GL system. Nobody at Concur seems to be able to help with this! 😞
What have you learned about this that you can share?
Hi, we are considering implementing the Concur check printing functionality. Are you currently using this? Do you have any good/bad feedback you can provide to help us make a decision?
Vendor bank details check predominantlystays at vendor upload process. You need to confirm vendor bankdetails when you upload a vendorr.
We also struggled with the process. There is no vendor bank details check process when you pay a vendor, unless you chack vendor bank details each time for each vendor.