Welcome to Faster, More Secure Payments
Eva Zepeda
Director of Finance
Finance & Accounting
Texas Biomed
Message from Eva Zepeda
We are happy to share the news that Texas Biomedical Research Institute is partnering with Our Payments Partner, leveraging the expertise of Finexio in commercial payment execution. As part of this partnership, we have chosen Finexio’s Virtual Card as our preferred payment method.
This solution will effortlessly integrate with your current card payment processing system, enhancing your organization’s cash flow. With payments settling within an average of 1-2 business days, this streamlined process is further fortified by advanced security features, effectively reducing the risks associated with Check and ACH fraud.
For your convenience, we have provided below links to various resources, including FAQs and the Executive Letter of Authorization already sent to our valued suppliers, informing of this program and outreach on our behalf by Finexio. If you have any questions, please contact Finexio’s Help Center and their team will be delighted to assist you.
Best regards,
Eva Zepeda
What to Expect
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. Here’s what to expect:
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.
DocuSign Confirmation
For Finexio Express and ACH enrollments, as well as bank changes, completion of security forms through the DocuSign platform is mandatory. This ensures that only validated contacts within your organization, authorized for the provided bank accounts, can make changes to your profile.
Key Benefits of Electronic Payments
Faster Payment Settlement – Electronic payments can be issued quickly and delivered electronically, so you 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.
Improved transaction details
Transaction details are provided in both directions, helping to ensure delivery, acceptance, and reduce the risks of fraud.
The most secure
payment method
Virtual cards are 7x less likely than paper checks to incur the risk of payment fraud.