ELECTRONIC PAYMENTS FOR EMPLOYEE REIMBURSEMENTS PROCESSED BY ACCOUNTS PAYABLE
Effective May 1st 2021, Accounts Payable (AP) will utilize employee banking details provided to Payroll to process employee reimbursements via direct deposit rather than cheque.
Controls and safeguards are in place to ensure the privacy and confidentiality of your personal information is maintained.
Listed below are the various benefits to the employee:
- Employees no longer need to complete an additional EFT form for AP transactions;
- Funds will be received in Employee’s bank account on the payment date;
- Cheques lost in the mail, damaged, or delayed due to Canada Post service disruptions become a thing of the past;
- Electronic payments are more environmentally friendly.
Please email firstname.lastname@example.org if you have any questions related to this change.