Updating Payment Method for Vendors
Please be aware that all new vendors are immediately set up to receive payments via EFT: "Check".
A request must be made to the Accounting Helpdesk, if a vendor wants to change their preferred payment method from check to ACH or Virtual Card (vcard).
Timeline:
1. Submit a Helpdesk ticket and provide the vendor's Name/Vendor Code, Contact info, and email.
2. The AP team will enroll the vendor/ reach out to Truist and submit the request.
3. The vendor will receive an email with steps to follow on how to enroll.
The vendor MUST complete all the requirements and only then will their payment status be updated.
4. Once the vendor has completed all the steps, Truist will review and approve. The new status can be reviewed once the Payment Method report has been posted for the month.
Payments are manually cut and mailed out from our corporate office ONLY for the below-listed properties.
This is regardless of the vendor's payment method.
5565
5547