KS offers several payment options for approved invoices including accelerated terms with electronic payment methods for faster payment with reduced risk.
Consider the following when making a selection:
Invoice Date: Payment terms are based upon the date an invoice is received. All invoices must be submitted to firstname.lastname@example.org or PO Box 3466, Honolulu, HI, 96801.
Payment Approval: KS’ follows a three-way matching process for invoice approval. Invoices will be matched against PO number and confirmation of the receipt of goods and/or services before payment is approved. Please include PO numbers on your invoice to expedite this process.
Default Payment Terms: KS’ default payment terms for vendors invoices is Net 45 days with payment via paper check.
Accelerated Payment Terms: More favorable payment terms are offered for accepting electronic payment via KS’ preferred payment methods:
Immediate payment upon approval with Single Use Account (SUA)
Net 30 days payment upon approval with Automated Clearing House (ACH). Please see the "ACH Items" below:
The KS Supplier Portal will go-live December 1st!! Please use the Manual ACH Enrollment Form until then.
Remittances: All electronic payment methods will include an emailed remittance advice outlining the invoices for which the payment has been made.