The University of San Diego has partnered with Paymode/Bottomline to process all outgoing payments. This partnership will provide suppliers with access to the Paymode-X platform. Payments will be processed with greater efficiency and enhanced security than ever before, enabling us to deliver a range of benefits for your Accounts Receivable team, including:
- Improved visibility into payments received from the University of San Diego
- Rich remittance information - when and how your team needs it
- 24/7 access to a payment tracker and payment details
- The ability to schedule reports and have them emailed directly to key team members
This partnership has also allowed the university to provide different payment terms as they are associated with the Paymode program to which the supplier is enrolled.
Below you will find the University’s standard terms:
| Payment Type | Payment Net Terms | Enrollment Details |
|---|---|---|
| Virtual Card | Net 7 | Enrollment required |
| Premium ACH | Net 15 | Enrollment required |
| Basic ACH | Net 30 | Enrollment required |
| Check | Net 60 | Enrollment NOT required. This will be the default payment type and payment net terms until supplier enrolls with Paymode. |
For questions regarding the programs and/or to enroll, suppliers may reach out to Paymode by calling 800-331-0974 or emailing enrollment@paymode-x.com.