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Bid Process & Submission

Learn about the UMass sourcing/bidding process and access open bids. 

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Check Payment Status

Check your invoice payment status. 

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Supplier Diversity Program

Learn about the UMass Supplier Diversity program and partnerships. 

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Supplier Portal

Access the Supplier Portal to transact with UMass or edit your existing supplier profile. 

UMass Payment Methods and Terms

The UMass supplier payment options offers suppliers more favorable payment terms when utilizing the University's preferred payment solutions.  To learn more about the below payment options, please visit the UMass Disbursement Strategy

Preferred Payment Options (Domestic Suppliers)

PAYMENT OPTIONSDESCRIPTIONPAYMENT TERMSINDIVIDUALSENTITIESRESOURCES
Paymode-X Virtual Card

Paymode-X Card is a single-use Virtual Card.

Credit card processing fees apply

Net 15NoYes

Virtual Card Benefits

FAQs

Paymode-X ACH Premium

The largest and fastest-growing electronic payment network, where more than 500,000+ members exchange payments and remittance electronically.

1.5%  network fee

Net 20NoYes

Paymode-X Benefits

FAQs

Zelle

Zelle is an easy way to send and receive money directly between almost any bank account in the US.

Net 30YesNo

Zelle Website

FAQs

Tips for Safe Payment

 

Other Payment Options (Domestic & Foreign Suppliers)

PAYMENT OPTIONSDESCRIPTIONPAYMENT TERMSINDIVIDUALSENTITIESFOREIGNRESOURCES
Paymode-X ACH Basic

The largest and fastest-growing electronic payment network, where more than 500,000+ members exchange payments and remittance electronically.

No associated transaction fee

Net 45NoYesNo

Paymode-X Benefits

FAQs

ChecksA written, dated, and signed instrument that contains an order directing a bank to pay a definite sum of money to a payee. Net 60YesYesYes 
Foreign WiresA wire transfer is an electronic payment service for transferring funds by wire, for example through SWIFT, the Federal Reserve Wire Network or the Clearing House Interbank Payments System.Net 45NoNoYes 

 

Performers and Performing Entities

Please review the Massachusetts Department of Revenue guide on who & what is classified as a performer.

When on-boarding/working with a performer, kindly note the following:

  • Performers are subject to withholding tax with the state of Massachusetts.
  • Withholding tax is calculated cumulatively per calendar year.
  • Performers are subject to 5% withholding cumulative amount if invoice/payment exceeds $5,000.