In order to pay vendors with Settle, you'll need their ACH, wire, and/or paper check remittance details. When this information is included on an invoice, Settle will automatically populate these details on the invoice page after the invoice has been uploaded.
If you anticipate that you'll be making ongoing or recurring payments to a particular vendor, you can also set up a vendor profile in Settle for easy access. Alternatively, you can manually add vendor details to an individual invoice.
To create a vendor profile from the Vendors menu:
Select Vendors from the menu bar on the left of your Settle home page.
A list of all the vendors you've paid with Settle will appear. At the top right you can select + Add Vendor
Enter in all the details needed to remit payment:
Vendor name
Vendor email (this is where the Settle invitation email will be sent)
Select Business or Individual
Vendor name, country and address. If multiple addresses, input the one for paper check remittance.
Vendor account number and ACH routing number where payments will be sent by default, plus the wire routing number if applicable.
Click Add Vendor to save.
To add vendor details within an invoice:
Click into an invoice from the Unscheduled menu.
Under Invoice summary, click into the Vendor text box.
Select a saved vendor from the dropdown menu or Add new vendor.
Enter in all the details needed to remit payment:
Vendor name
Vendor email (this is where the Settle invitation email will be sent)
Select Business or Individual
Vendor name, country and address. If multiple addresses, input the one for paper check remittance.
Note: The address input for the vendor primarily serves to create the vendor's business profile within your account. This will be important if you intend to send a paper check. Otherwise, vendor payments are processed based on banking information.
Vendor account number and ACH routing number where payments will be sent by default, plus the wire routing number if applicable.
Click Add Vendor to save.
