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City of Fishers, Indiana, Adopts MFSC Accelerated Municipal Payment (AMP™) Program to Expand Local Vendor Participation and Provide Greater Financial Transparency

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Press Release

Dec 21, 2022 09:00 EST

Municipal Finance & Services Corporation (MFSC™) is pleased to announce that the City of Fishers, IN, adopted a Resolution approving the MFSC™ Expedited Payment Program. This allows the City’s vendors to voluntarily participate in MFSC’s AMP (Accelerated Municipal Payment) program, providing vendor payments within 72 hours of invoice approval.

AMP™ is a non-factoring accounts payable program that is provided at no cost to the jurisdiction. Participating vendors get paid faster while the municipality is extended an additional 60 days from MFSC’s payment date to the vendor. No funds are advanced by the municipality.

MFSC provides a full document…

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