Electronic Payment: ePayables

The City has utilized a credit card system for small purchases under $2,000 to expedite and simplify the acquisition of goods and services. An extension of the credit card program (ePayables) allows the City to issue electronic payments to its vendors through the City credit cards. This process will reduce the number of paper checks produced by the accounting system and eliminate the associated expenses of producing and handling these checks, while providing faster payments to vendors. The City will also receive additional revenues from bank rebates associated with the program.

Estimated Annual Savings: $340,000

Last updated:  10/31/09