--000000000000c8eb22061a020347 Content-Type: text/plain; charset="UTF-8" Hi All, Wanted to provide an update on this effort. As most of you know we had some minor fraud back in December which we responded to by turning off the ability of all vendors form debiting our JPM Bank accounts with the hope that the bank quickly push out new functionality that would allow us to use a white-list to determine specific vendors to debit our CAD AP bank account. JPM has informed us that they are still not close to go-live with this functionality. As a workaround over the past 6 months we have been having vendors debit one of our US bank accounts which has led to challenges with fx, and required manual journaling. Today it was decided that we would begin to utilize the Vancouver Bank of Montreal bank account for vendors to debit out of where contractually required. Although not ideal, this will clear up any potential issues with fx and manual journaling, as well as cease the flow of recurring suspense items failing out during the Coupa -> NS integration. JPM has also told us they are working on adding functionality to accept etransfer payments which will hopefully go live in Q3. So, once the debit and etransfer functionalities are both live, we will be able to fully migrate away from this last legacy bank account. Targeting EOY to close this bank account providing all else goes according to plan. Next steps are for Anotte to setup the BMO bank account into Coupa (Brian has already sent the necessary bank statements to get this going). Anotte to confirm back to this group once the bank account is setup in Coup and Transfermate vendor profile is updated to debit from this account. Please let me know if any questions or concerns. Thanks, --000000000000c8eb22061a020347 Content-Type: text/html; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Hi All, =C2=A0 Wa= nted to provide an update on this effort. As most of you know we had some m= inor fraud back in December which we responded to by turning off the abilit= y of all vendors form debiting our JPM Bank accounts with the hope that the= bank quickly push out new functionality that would allow us to use a white= -list to determine specific vendors to debit our CAD AP bank account. JPM h= as informed us that they are still not close to go-live with this functiona= lity. As a workaround over the past 6 months we have been having vendors de= bit one of our US bank accounts which has led to challenges with fx, and re= quired manual journaling. =C2=A0 Today it was decided that we would begin to utilize the Vancouve= r Bank of Montreal bank account for vendors to debit out of where contractu= ally required. Although not ideal, this will clear up any potential issues = with fx and manual journaling, as well as cease the flow of recurring suspe= nse items failing out during the Coupa -> NS integration. JPM has also t= old us they are working on adding functionality to accept etransfer payment= s which will hop