Can we work together to pay you more quickly? American Electric Power values its
relationship with you, our supplier. Our Purchasing and Accounts Payable Departments
have provided this section to show you how to help AEP pay your invoices more quickly
and more in-line with our pre-arranged payment terms.
By reading and using the techniques outlined within this section, you might expect
to see the following benefits:
- More accurate, timely payments and reduced or eliminated late payments.
- Improved communication between AEP and your organization.
- Reduced need for you to process sales tax on AEP’s transactions.
- Frequently Asked Questions
and their answers related to AEP’s invoice payment process.
- A sample invoice and a
list of specific information
needed by AEP to effectively pay your invoices as
well as a
sample Purchase Order showing the fields where some of this information
can be found. These requirements are both process- and system-related as AEP employs
the use of Optical Character Recognition (OCR) technologies to expedite the invoice
payment process.
- Information about AEP’s
direct-pay relationship with various tax agencies.
We appreciate your consideration of this material. Should you have any questions
regarding the information in this section, please send email to
vendormgmnt@AEP.com.
