Accounting & Finance | News
Pennsylvania District Saves $50,000 Annually with E-Payments
Pennsylvania's Downingtown Area School District has adopted an electronic payment system in an effort to streamline processes and reduce costs. So far, the district is on track to save more than $50,000 a year as a result of the implementation.
"Going paperless was a priority, and we wanted to find a solution that would allow us to pay all suppliers electronically, streamline our process, be easy for our suppliers, and help us save money," said Mike DeAngelis, assistant director of finance for the district, in a prepared statement.
The district chose NVoicePay "for its simplicity, flexible payment options, card rebate benefits, and comprehensive supplier enablement services. NVoicePay's cloud-based application works with all accounting systems, all banking partners, and all payment methods in one simple workflow," according to a news release. "Unlike bank offerings, NVoicePay continuously enables suppliers for payment and maintains supplier information as it changes over time, relieving accounting personnel from this burden and ensuring accounting teams can pay all of their suppliers electronically.
"NVoicePay was able to take our electronic payment processing to the next level by providing a total solution for all suppliers. We now have more flexible payment options -- ACH, AP Cards and electronic print check -- and we like the fact that NVoicePay is proactive in following up with our suppliers" added DeAngelis.
More information is available at nvoicepay.com.
Joshua Bolkan is contributing editor for Campus Technology, THE Journal and STEAM Universe. He can be reached at [email protected].