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Payment file for bank - all payment types

  • 1.  Payment file for bank - all payment types

    Posted 3 days ago
    Hello,

    We're looking into a payables solution with our bank, where we send them a file with all of our payments, and they handle the disbursements.  This file would include checks, EFT, and wires.  I know GP has a module to create an EFT file, but what's the best way to create a file for all payment types?  I know Mekorma has a product for payables, but my understanding is that the file gets processed through their partner ACOM, not sent to our bank (I could be wrong).

    Thanks,
    Miriam

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    Miriam Retter
    Assistant Controller
    The Harry & Jeanette Weinberg Foundation
    Owings Mills, MD
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    Conference-GPUG_200x200


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