Overview
This video walks you through the full process of making vendor payments in Zenwork Payments, from completing KYB verification to adding vendors, creating bills, and scheduling payments.
You’ll know how to update payer details for KYB, connect a bank account, capture vendor and tax information, upload invoices, and finally schedule payments so your accounts payable process runs smoothly end to end.
Step-by-Step Process
- Start your free trial, open your payer from All Payers, complete required KYB fields (business description, bank, address, representative), and click Initiate KYB. (This process can take upto 2 days.)
- After KYB is verified, click Add Vendor, choose Manual, and enter basic vendor details such as name, phone number, and 1099 status.
- Click Add more information, fill in mandatory payment details, either invite the vendor to enter their bank info or add it yourself, add SSN/DOB/address, and save the vendor.
- Go to Create Regular Bill, upload an invoice for OCR to extract details, select the vendor, optionally add a description, and assign GL codes to each line item.
- Choose Save and schedule payment, set the payment date and payment mode, confirm, then monitor the bill in the Regular Bills tab as it moves from Scheduled to Paid.
What This Flow Covers
With this KYB-to-payments flow, Zenwork Payments enables you to:
- Verify your business (KYB) and activate payments for each payer.
- Connect and use a verified bank account for outgoing vendor payments.
- Onboard vendors with complete banking, identity, and W-9 request details.
- Capture invoice data via upload and OCR, and code expenses using GL.
- Create, schedule, and track vendor payments directly inside Zenwork Payments.
