Daycos News

…During the recent AMSA Annual Meeting, GSA announced that they had awarded their third-party payment contract to Citi bank. Citi has joined the Syncada network, and will utilize Syncada to make payments under the contract. To add some confusion, Syncada is fifty percent owned by US Bank, and US Bank also offers the same payment services utilizing the Syncada network. So what is the effect of the decision by GSA to award their contract to Citi instead of US Bank?

In the most recent “DP3 News U Can Use” newsletter, there was a small article headlined “Implementing Offset Payment Process”. Although the article was brief, and very matter of fact, it should serve as a warning to TSPs about a potential upcoming disruption to their cash flow. The article stated:

DOD is currently testing household goods offset procedures in accordance with provisions outlined in the 400NG, International Tender, international and domestic solicitations. The test is scheduled to run for 60 …

…A recent change in DPS programming will cause a delay in the payment of all DPS invoice payments. We have been informed by the help desk, and later confirmed by a JPMO-HHGS employee, that all invoices will take between 2 and 5 days to move from DPS to the US Bank payment system once all line items have been approved or denied. Previous to this change, those invoices would move for payment in less than 24 hours of being approved

Just as the recent transmission problems with CWA seems to be resolved, a new transmission problem involving DPS has appeared. During the last week, we have had over 1,400 invoices that have failed to move from the DPS system to the US Bank payment system, despite all line items being approved or denied. We first noticed the problem on Tuesday of last week with a small number of invoices, but the number has continued to grow each day.
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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.
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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.
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