Opening a Vendor account with Anedot allows you to easily manage Billing Agreements with your clients to receive automatic commissions.
Your Vendor account mitigates any need for a middle-man. All Billing Agreements handled through Anedot are now self-serve (Woo-hoo🎉).
To learn more about applying for a Vendor account, continue to the guide below!
What do I need to apply?
At Anedot, we value privacy and security. Before getting started, we must verify your identity by collecting the following information:
Applicant's Email
Applicant's Phone number
Entity Legal Name
Entity Type
Valid Tax ID (IRS Letter CP-575)
We do not accept Social Security Numbers (SSN)
An EIN is required to submit a successful application
Legal address
Physical address
Legal Contact (This is an individual who has financial authority for the organization and is able to serve as the Owner of the account)
Business Checking Bank Account Details (for funds transfer)
We require a Business Checking account for transfers
Certificate of Good Standing (from Secretary of State)
IRS W-9
KYC Form
Disclaimer: All applications go through a verification process with our Underwriting team. Not all applications are approved. If the application is denied, we are unable to relay any details regarding the decline. This is to protect the integrity of our verification systems.
Create an AnedotID
To get started, first, create an AnedotID. Your AnedotID is the combination of your personal email address and private password. A single AnedotID can be created to access one or multiple fundraising accounts.
Disclaimer: Each user that needs access to a fundraising account must create their own AnedotID with their personal email address and a private password. User Profiles should include the individual's contact information and may not be shared.
It is against our Terms of Service to use shared emails for login credentials, share your login credentials with another user, or use a generic email that does address you directly.
Create an AnedotID using the following link:
https://anedot.com/signup
Once you have logged in successfully, access the Apply for a fundraising account button in the upper right corner of your dashboard, or click the following link:
Apply for a fundraising account
Start Application
The first page of the application is titled Apply for an Org Account.
On this page, complete the following:
Display Name (The name shown to your clients)
Type of Organization (Vendor)
Once complete, click Start Application!
Org Category
Select the Business Type that best fits your organization.
Next, click Save and Continue!
Onboarding Survey
On the Onboarding Survey page of the application, complete the following:
Previous Processor
How did you hear about Anedot?
Estimated annual processing volume
Where do you plan to use Anedot?
Tip: When entering your website URL, be sure to include https:// in the link.
Click Save and Continue before moving on to the next step!
Public Support Profile
On the Public Support Profile page of the application, add your public contact details. These details may be provided to your clients.
Complete the following fields:
Description Shown on Bank Statements
Tips: The Description Shown on Bank Statements has a 16-character limit. If your organization has a long name, we encourage abbreviating the name and removing spaces.
Public Phone Number
Public Email Address
Public Address
Click Save and Continue before moving on to the next page!
Legal Entity Details
On the Legal Entity Details page of the application, please provide the following details:
Tax ID (EIN)(Required)
Legal Name
Date Established (best estimate is acceptable)
Mission Statement
Legal Address
Disclaimer: Anedot does not accept Social Security Numbers to open fundraising accounts. All fundraising accounts must provide an Employer Identification Number from the IRS.
Click Save and Continue before moving on to the rest of the application!
Supporting Documentation
On the Supporting Documentation page of the application, please upload your official EIN document from the IRS (IRS Letter CP-575), IRS W-9, and any supporting documents you have available.
Tip: The Official Certificate of Good Standing is not required but may speed up the verification timeline for your application.
Supported files: PDF, JPG, PNG
Once you have uploaded your documentation, Click Save and Continue!
Connect Bank for Deposits
Anedot uses a platform called Plaid to verify banking details. Learn more about Plaid here!
To connect your bank account via Plaid, follow the steps below:
Click Connect Your Bank
Once redirected to Plaid, click Continue.
From the bank accounts directory, select your bank from the list, or type in the bank name using the Search Bar.
Next, enter your online banking credentials to verify your banking details.
You will be sent a Verification Code. Please enter the Verification Code you received from your bank.
Next, select the Account you would like to connect to your Anedot fundraising account.
Review the Terms and Conditions on the following page, then click Connect Account Information.
You will then receive a Success confirmation!
Once you have connected your bank successfully, click Save and Continue.
Financial Responsibility
On the Financial Responsibility page, one user associated with the organization must accept Financial Responsibility in order to submit the application.
To accept Financial Responsibility, you must meet one of the following requirements:
You are listed on a public record, government, or financial document tying you to this organization.
You have legal and financial responsibility to control, manage, or direct the entity and/or you are the president, treasurer, executive director, or other person with the authorization to enter into agreements on behalf of this entity.
If you are unable to accept Financial Authority for the account, select No, I am not the Account Owner. You can then invite the person that should be listed as the Owner of the account. The Owner will receive an email invite to accept Financial Authority for the account.
Once Financial Authority has been accepted, continue to the final page of the application to Submit!
Review and Submit
On the Review and Submit page of the application, click Submit Application! Once the application has been submitted successfully, you will be redirected to a Pending status page.
Our Underwriting and Risk teams will receive your application and complete a review. Reviews typically take between 1-5 business days. During the review process, our Accounts team will keep you in the loop regarding the account status and any follow-up that may be needed for the review. Emails from our Accounts team will be sent from [email protected].
Once the review has been completed and the Vendor account has been approved, you will receive a status update via email.
Disclaimer: Not all applications are accepted. If the account was not approved, our Accounts team will send you an email notification to keep you informed. Decisions are final.