This field is a supplementary field to the Vendor ID. It represents the party that receives invoice payments, and is not necessarily the vendor listed on the invoice. This payee must be on a list of pre-defined permitted payees for the extracted Vendor.

You can activate or deactivate this field via the Settings > Invoice Processing > Capture Profiles > Field Settings. You can also configure formatting and validation settings with these settings.

Examples of how this field is configured are found in the Alternative Payees section.