School District of Clay County
Green Cove Springs, Florida
Teacher Inservice Center - Fleming Island High School 2233 Village Square Parkway Hearings for Special Actions regarding Students - TBA REGULAR MEETING - 7:00 p.m.
November 20, 2012 Regular Meeting
Agenda Item #23


Item Title
C-22 Contract with Commerce Bank for E-Payable

Issue/Rationale

Request approval to contract for the Control Pay Advance Program (CPAP) through Commerce Bank.  The CPAP is an automated Accounts Payable solution which will electronically send our payments.



Recommended Action

Approve Agreement between the Clay County School Board and Commerce Bank.



Financial Impact

School Board shall receive a steady revenue stream based on our monthly net volume.



Submitted By

Dr. George F. Copeland, C.P.A., Assistant Superintendent for Business Affairs

Data Source:  Nancy Racine, Director of Purchasing, Accounts Payable and Materials Management




Attachment:  11_20_2012 Contract with Commerce Bank for E-Payable.pdf