Most vendors are eligible once an invoice is past due for longer than 90 days. VPPA can confirm that your invoice is eligible.
Frequently Asked Questions
Once the state confirms your invoice value and approves the assignment agreement, you will immediately receive at least 90% and up to 100% of your outstanding invoice. If less than 100% was paid up front, the balance of the invoice value will be paid once the state remits payment. YOU ALWAYS RECEIVE 100% OF THE STATE’S PAYMENTS.
No, Vendor Payment allows you to submit all your invoices and you can then choose the ones you would like to assign and receive your payment.