Enhance efficiency and working capital with Virtual Payables

Virtual Payables is a global, real-time payment method that streamlines your payments using a digital, single-use card — helping you eliminate both the paper trail and the plastic. Each payment is tied to a unique, virtual card account, which can be used for a one-time payment or to pay multiple invoices across currencies and countries. It also lets you pay suppliers today but retain funds until the end of your cycle/grace period, allowing you to optimize working capital.

Virtual Payables creates a better experience for you and your suppliers:

• Improves cash flow and reconciliation
• Extends Days Payable Outstanding
• Delivers payments to suppliers faster and more reliably
• Allows suppliers to benefit from reduced paper check management and decreased collections processes