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Contributed by Ann Martin on 12/15/2004
As recently announced, the payables department is pleased to introduce a new easier means of payment to replace manual checks.
The new E-Z Pay is a self-service invoice entry form for payments of $500 or under. The payment information is imported as an invoice into the Parnassus accounts payable system and the payment is generated through the accounts payable office. Suppliers and employees can elect to receive payments directly into their bank accounts via electronic funds transfer (EFT) to speed processing time. The check for those electing not to be set up with EFT would be mailed to their address.
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