DuvalCountySchools_Brochure.pdf

The Duval County Public Schools have implemented a new program called E-Payables, which allows them to pay vendors via credit card for goods and services rendered. Vendors participating in the program receive payments as soon as the Accounts Payable department receives an invoice and confirmation of goods/services. The program benefits vendors and the district by reducing payment processing time and providing faster payment turnaround. Vendors are issued unique credit card numbers for payments, with the option to receive a physical card or keep the number on file. The program does not charge vendors to participate, but there may be transaction fees. Accepting credit card payments allows vendors to receive payments sooner, reduce outstanding balances, and save on processing costs. Once enrolled in the program, vendors cannot switch back to receiving checks, and vendors paid over $50,000 annually will receive payments via credit card. Vendors who do not accept credit card payments will be subject to a 30-day payment term, delaying payment processing.