Stanford Health Care’s payment services network is committed to serving as a collaborative partner to our vendors. To help standardize the procure-to-payment experience, this webpage is here to bring attention to key policies and helpful resources.
Suppliers must establish a method by which SHC will pay the vendor's invoices: (1) Automated Clearing House ("ACH") funds transfer or (2) JP Morgan Chase E-payables. More details about these options are posted in our Payment Terms section.
Suppliers invoices must meet specific criteria and standards described in Invoice Standards category. (perhaps most importantly, that the invoice reference the correct Purchase Order number), otherwise delays in processing will occur and delay payment.
The SHC Finance department mandates that SHC has moved to 60 days from receipt of a suppliers invoice within which to pay a valid and accurate invoice. The term can be reduced through the election of selection a shorter term by offering an early pay discount in return for the reduced term, which are option available by designating this through our ACH program Paymode-X platform, basic or premium.