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Vendor Payment - Finexio

Welcome to Faster, More Secure Payments


What to Expect:

Vendors that pay via ACH today, nothing will change, but Finexio will now be the provider of remittance information and payment of CPMP invoices.

Where applicable, Finexio’s Supplier Management team will be reaching out to you to enroll your organization into our electronic payments program and answer any questions you may have on that process.

Email Notification


You should receive a welcome email from Finexio to inform you of our move to electronic payments. Benefits include access to our Supplier Portal, where you can view funding stages on your incoming invoices and gain access to the Finexio Customer Operations team for additional payment support.

Telephone Follow Up


Finexio will call your phone number on file to answer any questions you may have and enroll your organization into electronic payments.

Reducing your Fraud Risk


For Finexio Express enrollments, as well as profile changes, completion of security forms through the DocuSign platform is mandatory. This ensures that only validated contacts within your organization, authorized for the provided accounts, can make updates to your profile.

Key Benefits of Electronic Payments:

Faster Payment Settlement – Electronic payments can be of Electronic issued quickly and delivered electronically, so you Payment can process your payments and have access to your funds faster than via traditional paper check.


IMPROVED CASH FLOW


In addition to faster settlement, electronic payments limit the risk of late payments and eliminate the potential of lost checks.

  

THE MOST SECURE PAYMENT METHOD


Virtual cards are 7x less likely than paper checks to incur the risk of payment fraud.


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Important Note:

The Stony Brook Medicine University Physicians website is primarily an informational and educational resource. It should not be used in place of medical advice and recommendations you receive from your health care provider. If you have, or suspect that you have a medical problem or condition, please seek the advice of your health care provider.


Stony Brook Medicine University Physicians provides marketing advice and consultation to the clinical Faculty associated with the University Faculty Practice Corporations (UFPCs). It does not provide medical care directly or indirectly nor does it oversee, direct, manage or supervise the medical care provided by any of the individual Practices. The individual Practices are responsible for the medical care each Practice provides to its patients. Please note that the Practices listed below are separate University Faculty Practice Corporations (UFPCs).