VENDOR PAYMENTS
Monarch Construction strives to improve our payment processes through technological enhancement, thus we are moving toward a more automated payment system, allowing us to reduce the time required to pay our invoices and significantly decrease the number of checks written on a daily basis.
Monarch Construction is implementing a Supplier Payments Program which will optimize the payments process for our respective organizations. We have partnered with Abillipay (Powered by Finexio), experts in commercial payment execution, this program will deliver payments using a Finexio virtual card that you will process using your existing card payment solution.
Below are various resources including FAQs, our complete executive letter, and letter of authorization in addition to a form to enroll in virtual card payment acceptance. If you have any questions, contact Finexio at supplierenablement@finexio.com.
The benefits of the Abillipay program include:
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Faster Settlement: Abillipay payments are issued and delivered the same day eliminating time involved in processing, mailing and negotiating/settlement of paper checks.
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Improved Security: Abillipay leverages single-use virtual cards which carry enhanced security measures to reduce fraud and guarantee payment.
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More Transparency: Complimentary access to the Abillipay Payee Portal where you can access payment details and connect with Abillipay support 24/7.