Daycos News

We haven’t heard any official word yet, but it appears that the invoicing payment problem… caused by the last week’s DPS patch may be resolved. We had heard that Syncada was receiving invoices from DPS for the first time since last week, so we ran a query on our invoices. Sure enough, we can confirm that some DPS rated invoices have been transmitted to Syncada today to be matched for payment. It appears they are resending the invoices that have

As we posted earlier…, there is a lot of uncertainty about the process of issuing payee codes, but some progress is being made to clarify the way this will be handled in the future.  DFAS has decided they will no longer issue or maintain the payee codes used by TSPs for payment of electronic HHG invoices.  The US Bank  system still needs a payee code, but they don’t want to be the entity managing payee codes.
That leaves each

Last July, US Bank  announced a joint partnership with Visa to launch Syncada, a business-to-business payment network. Then TSPs were informed… by US Bank that PowerTrack was being re-branded as Syncada, with a new URL and logos. Other than those two pieces of information, TSPs have not had a lot of information about this change, and the result is a lot of confusion about what change has actually occurred and what it means to TSPs.
We thought it might

Last Friday afternoon, SDDC posted drafts of the DP3 Phase III Business Rules and Solicitations… on their website. These documents have been highly anticipated by TSPs who are eager to see how the government plans to handle the final implementation piece of the DP3 program, covering Non-Temp Storage (NTS) and Direct Procurement Moves (DPM).
As has been rumored, DPM seems to have been removed from the program. In addition to NTS, there are  two additional shipment types included in Phase

As the upcoming tariffs have been published, there has been some language added to them all concerning the ability of PowerTrack to collect offsets via ebills. The language has caused considerable concern that this change will give the government the ability to directly withdraw funds from TSP bank accounts, instead of deducting the money from future invoice payments, as is done now. The specific language is below:

Currently, PowerTrack does not have the capability to process administrative offsets under the …

A few years ago we blogged… about invoices for Army and Air Force Exchange Service (AAFES) shipments being payable through PowerTrack/Syncada. When that announcement was made, there were specific codes of service or shipment types that were being processed for payment through PowerTrack. For example, only code 1 domestic service codes were processed through PowerTrack; all code 2 and International service codes were processed and paid via a paper invoice.
We recently learned that effective with pickup dates of October