Enhance efficiency and working capital with Virtual Payables

3 minute read

 

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.

 

A smart solution for everyone

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

 

Digitize payments and create value

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