The Vendor is required to provide for accounts payable automation services.
- The winning software/service solution must cut processing time, track and archive invoices electronically and streamline workflows.
- The solution should fully integrate with the existing accounting system and possess the following features:
• Limited data entry or scanning on agency part
• 24/7 visibility of invoice, payment and approval status
• Allow designated employees to approve invoices from anywhere
• Ability to prorate invoices
• Ability to create, approve and match purchase orders to invoices
• Ability to integrate with current accounting software preferred
• Ability to pay suppliers quickly, efficiently and with the method the vendor prefers
• Ability to keep existing bank relationships and pay suppliers with check and ACH, to virtual cards and credit cards
• Ability to record the action of each system user to provide a digital paper trail of all actions
• Ability to generate detailed, on demand reports
• Ability to integrate expense accounts codes for multiple programs to accounting software
• Ability to separate billing by separate entities
• Ability to deduct invoices from budget line items
• Ability to designate approval flows of employees with dollar amount limits
• Ability to designate dedicated service teams for supplier management and payment execution
- Contract Period/Term: 3 years
- Questions/Inquires Deadline: October 01, 2025
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