Welcome to Faster, More Secure Payments
A Message from Kean University CFO Andrew Brannen
As we strive to improve our Accounts Payable processes, we have begun an initiative to drive more electronic payments to speed up processing time, enhance security and save costs normally associated with sending paper checks.
We are thrilled to share the news that Kean University is partnering with our payments experts, Finexio, who will be helping us drive electronic payment adoption and improve our vendor payment experience.
What to Expect
Finexio's Supplier Management team will be reaching out to you to enroll your organization into our electronic payments program and answer any questions you may have on that process.
Email Notification
You should receive a welcome email from Finexio to inform you of your move to electronic payments. Benefits include access to our Supplier Portal, where you can view funding stages on your incoming invoices and gain access to the Finexio Customer Operations team for additional payment support.
Telephone Follow Up
Finexio will call your phone number on file to answer any questions you may have and enroll your organization into electronic payments.
DocuSign Confirmation
For Finexio Express and ACH enrollments, as well as bank changes, completion of security forms through the DocuSign platform is mandatory. This ensures that only validated contacts within your organization, authorized for the provided bank accounts, can make changes to your profile.
Key Benefits of Electronic Payments
Faster Payment Settlement - Electronic payments can be issued quickly and delivered electronically, so you can process your payments and have access to your funds faster than via traditional paper check.
Improved Cash Flow
In addition to faster settlement, electronic payments limit the risk of late payments and eliminate the potential of lost checks.
Improved Transaction Details
Transaction details are provided in both directions, helping to ensure delivery, acceptance, and reduce the risks of fraud.
The Most Secure Payment Method
Virtual cards are 7x less likely than paper checks to incur the risk of payment fraud.
Contact Finexio's Supplier Enablement Team
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Email: support@finexio.com
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Phone: (818) 724-8110 ext. 2
Still Have Questions?
Contact Accounts Payable
Jessica Bances
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908-737-3296 |
Ada Rodriguez
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908-737-3154 |