Before you can pay a bill from your Business Account, the vendor needs to be in Pemo with their bank details. You can add a vendor while you review a bill, or from your vendor list.
Add a vendor while reviewing a bill
Open a bill that is In Review.
In Vendor, select New Vendor. Pemo fills in what it can read from the invoice, such as the name, tax registration number, address and email.
Check the details and select Create Vendor. The vendor is added to the bill.
In Payment details, enter the vendor's IBAN, Beneficiary name and Swift code, and choose the Currency. Pemo checks the IBAN and shows the account holder's name so you can confirm it is the right account.
Select Save payment info.
You can select Skip for now and add payment details later, but the bill can't be paid until the vendor has them.
Add a vendor from your vendor list
Go to Export → Settings → Vendors, select Create Vendor, then follow steps 3 to 5 above.
Good to know
Each vendor needs a unique name, and a tax registration number can belong to only one vendor.
The first time you pay a vendor, or pay to a new bank account, Pemo asks you to confirm you have verified their payment details. Check them with the vendor through a separate channel, such as a phone call.
To change a vendor's details, select the pencil icon next to the vendor. Vendors can't be deleted, but you can make one inactive on the Vendors page.
If you don't see New Vendor, ask your account admin for access to manage vendors.