 |
 |
|
|
 |
|
ACCOUNTS PAYABLE
The Accounts Payable staff coordinates with Purchasing and Accounting to produce vendor payments for all City purchases. This involves annual preparation of over 6,000 payments to 1,920 vendors totaling more than $43 million. Payments include traditional check payments and recently include conversion to vendor payments by automated clearinghouse (ACH) payments to minimize costs to the City and our vendors. The staff monitors invoices and payment terms, schedules payments and prepares cash requirements reports to investment officers for cash management purposes.
Extensive use of a citywide Purchasing Card program has dramatically reduced the number of transactions and payments made through the A/P processes.
Accounts Payable StaffAnnelle Waddey
|