Procurement Office > For Employees > Accounts Payable

Accounts Payable

Accounts Payable provides the Campus Community with efficient and professional support for the payment of goods and services in support of the University's educational, research, healthcare and administrative needs. State and Research Foundation payables processes vendor payments in an accurate and proficient manner while following the rules, policies and regulations of each respective funding source. New York State and the Research Foundation of SUNY are tax exempt entities. When using New York State funds timeliness of payment and any interest paid for late payment shall be governed by Article XI-A, Interest Payments on Certain Amounts Owed by State, Section 179 of the New York State Finance Law to the extent required by law. New York State Finance Law and the associated Prompt Payment law may be found here: New York State Finance Law