Get Paid Revenue for Simply Paying Your Vendors!
Streamline and automate your entire payables process while reducing the need for checks and alleviating some of the workload off of your payables team. You simply upload a file detailing the vendors to be paid and the amounts and our payables solution partner takes care of the rest – including enrolling your vendors in the program. Your suppliers get their payment quicker and you receive customized remittance data transmitted right into your ERP or accounting software. Best of all, your company gets paid that all important rebate revenue resulting in tens of thousands of dollars back into your coffers just for paying your vendors every month.
Utilizing an award-winning electronic accounts payable platform, is an easy, highly secure way to manage 100% of your payables and guaranteed to deliver immediate ROI. With a single file upload, your payments can be securely automated: Virtual Card (rebate revenue), Direct (rebate revenue), PayForYou (online or by phone), Check, ACH or Wire.
Program utilizes a virtual MasterCard purchasing card that works similar to a prepaid debit card.
Card with no physical plastic. Card number is secure and single use to eliminate possibility of fraud.
Each payment amount is specific to individual card number - so there is no risk of entry error (under/over billing).
Automates payment process to allow for less workload on your A/P team.
See average 1%-2% rebate revenue on all spend with vendors enrolled in the program, increasing as volume increases. You get paid revenue to pay your vendors!
Program has average 40-50% average enrollment of vendors - reaching as high as 90%-100% at times.
Provide a vendor list and gain an idea of the expected monthly/yearly rebate revenue.