In an effort to improve efficiency, achieve faster payment settlement, and be more environmentally responsible, Drake has contracted with Paymerang, a third party vendor, to provide payment services.

This partnership will allow Drake to transmit payments electronically to some vendors (excluding student and employee reimbursements). Paymerang will be executing vendor payments on the University’s behalf starting in March. 

This change will not impact how payments are requested or approved. A payment request form should still be submitted to the accounts payable team with proper documentation and approval. Payments will be processed as normal between 5–7 business days.

If you are contacted by a vendor regarding the partnership or payment, please have them reach out to Paymerang directly. Paymerang will work with the vendor to get them enrolled in their network. They can contact the Paymerang Team by calling 1-877-680-7332 or emailing support@paymerang.com.

Erica McGowan, Finance & Administration