Rutgers logo
Rutgers logo
Rutgers logo
Rutgers logo

Payment Terms

Rutgers standard payment terms are dependent on the payment method and the invoice date, unless the supplier has a signed contract with different terms. Any exception(s) to these terms must be reviewed and approved by Procurement Services. Requests must come from a Rutgers unit head and not from the supplier.

All new registrations are initially set up for payment by check with net terms of 45 days. Most suppliers are encouraged to enroll in an electronic payment method after registration is complete.

  • Suppliers who enroll in our virtual credit card program via our partner, Bank of America, are offered immediate payment upon invoice approval - NEW LINK NEEDED.

  • Most suppliers who do not enroll in our virtual credit card are encouraged  to enroll in Paymode-X via our partner, Bottomline. Payment terms remain at net 45 days, however, if the supplier chooses to also enroll in our e-invoicing program, they will be moved to net 30 payment terms - NEW LINK NEEDED. 

    Any questions regarding payment terms should be directed to the University Procurement Services Help Desk.

  • Suppliers and units can check the status of their invoice by completing the Payment Inquiry Form.

  • To stop a payment or to have a payment cancelled or reissued, please complete the check cancellation/stop payment form (PDF). A detailed explanation of the reason for payment cancellation or reissue must accompany the request. It usually takes about 48 hours to process the request. Missing information will delay the process. Contact us with any questions.