Bill payments for Conoco Phillips are processed through the Req-to-Pay automated system that streamlines invoices and electronic payments. Req-to-Pay has the capability to process invoices from suppliers electronically and collect data pertinent to payments and receivables.Continue Reading
Through the Req-to-Pay system, vendors and suppliers can access invoices, payment information and purchase orders as well as contact information for the Accounts Payable department, remittance information and the status of invoices. Payment options are also designated through the online portal. Vendors are required to register for the system to gain access when establishing a working relationship with Conoco Phillips.
To determine eligibility as suppliers for Conoco Phillips, businesses must meet certain qualifications and gain access to the approved vendors list. Suppliers must complete a questionnaire to determine the type of business relationship they are seeking with Conoco Phillips. The next step involves the pre-qualification process during which vendors and suppliers may be asked to submit details about health and safety processes, proof of quality management insurance and company financials. Some suppliers may be subject to an annual subscription fee that can be processed through the Req-to-Pay platform. Subscription fees are determined based on the number of products and services the supplier or vendor requests.Learn more about Personal Banking