Supplier Information Files

If your company has invested in a sophisticated financial system and you have deployed your financial system with the ability to securely store supplier bank account details, create electronic payment files, transmit electronic payment files to your bank, and deliver remittance information to your suppliers in multiple formats and using multiple delivery channels; your company may be well positioned to take advantage of our Supplier Information File service.

This service provides you with the ability to receive automated file transfers containing validated information from each supplier profile to which you've established a link on the Vendorin Network. You may load this information into your master vendor file or financial system to increase the number of supplier payments you're processing electronically with your bank.

Payment & Remittance Files

Should you not want to store supplier bank account details within your financial system for security reasons or based on system limitations, you can leverage our Payment and Remittance File service to complete your transition to electronic payments.

This service provides you with the ability to transmit basic payment files to Vendorin containing a Supplier ID, payment amount, and remittance information for each supplier payment. Upon receipt of your payment file, we append bank account details from supplier profiles on the Vendorin Network, we create a properly formatted payment file, and we deliver the payment file to your bank so your bank can process your electronic payments as if you had sent the payment file directly to the bank. In addition, we translate and deliver remittance information to your suppliers in each supplier's preferred format and using each supplier's preferred delivery method.