What operational effort is required to enroll as a supplier?
The J.P. Morgan Business Settlement Network (“JBSN”) enrollment process fits easily within your current business processes. You have several options for entering invoices, from completing an invoice form online to fully automated eFile uploads that can be fully integrated with your other accounting systems. For payments, you can choose to receive remittance information in a convenient email or, for higher volumes, receive an electronic file of remittance information in a standard format you specify for automated posting to your A/R system. And of course, all the real-time information about your invoices, payments and remittance data is online and available for downloading by logging onto the JBSN.