COMPTROLLER'S SEAL STATE OF CONNECTICUT
STATE OF CONNECTICUT
OFFICE OF THE STATE COMPTROLLER
Kevin Lembo
State Comptroller
55 ELM STREET
HARTFORD, CONNECTICUT
06106-1775
Martha Carlson
Deputy Comptroller


MEMORANDUM NO. 2013-08

March 12, 2013

TO THE HEADS OF ALL STATE AGENCIES

Attention:   Chief Administrative and Fiscal Officers, Business Managers, Purchasing and Accounts Payable Personnel
Subject:   Vendor Direct Deposit (ACH)

The Office of the State Comptroller's  Accounts Payable Division will soon begin printing a short message on all vendor check remittance advice forms promoting ACH (vendor direct deposit). State agency fiscal offices are strongly encouraged to promote ACH to all vendors providing goods and/or services. "Non - State" vendors will receive the ACH message, but are not qualified to receive ACH payments at this time and should not be solicited.

Along with our ongoing OSC project, initiated in 1997, many agencies routinely and actively solicit their vendors for ACH conversion. OSC placed a priority on this project, and in the past twelve months converted 990 vendors to ACH and Vendor Self-Serve (VSS).  Today, more than 31% of all vendor payments are made electronically. Consequently, agencies have experienced various internal benefits including eliminating unnecessary vendor communication, fewer check replacements, etc., resulting in fewer purchasing and accounts payable duties, all of which set the groundwork for increased productivity.

ACH in conjunction with VSS provides your vendors with numerous benefits.   We encourage you to solicit your vendors, learn more about ACH and VSS, and visit our new website, a section of which is dedicated to ACH at http://www.osc.ct.gov/vendor/directdeposit.html.

Questions:  Please direct all questions to osc.apd@po.state.ct.us


KEVIN LEMBO
STATE COMPTROLLER

KL: MKA

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