Does square offer any solutions for making payments to what is essentially a vendor? In this case there are no invoices and there are thousands of vendors? We’re currently writing checks, but I’d love to get away from that and send payments to a credit card or something. Any ideas?
You could set them up as contractors hrough the payroll system and pay them that way.
I had thought about that, but there are thousands of them (and payroll charges $5 each). Also I don’t want to freak anyone out by collecting SSNs when most never hit that limit.
The other option I can think of is to create categories for each "vendor" and as you see the items you can run a report by category and know who you owe money to. This will not necessarily automate your payments though.
I know many banks allow you to set up a person-to-person direct transaction so you can put in the name of the "vendor" and their routing and account number and send payments.
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