There are services, but they take a cut from your vendors. In my view, this risks timely and preferred pricing at bid time. We are planning to do this ourselves in the near future, using Vista by Viewpoint. Their ACH payment system has everything, including vendor e-mail notices. I think the extra setup work is worth it.
Ralph "Scott" Luman
CFO | AES Electrical, Inc. dba Freestate Electrical | Freestate Baltimore, LLC
Ph: 301-572-0131 | Fax: 240-294-5562
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