Maintain A/P processes yet issue credit payments WITHOUT providing vendors with an open line of credit as when using a purchase card or credit card. Earn rebates for each dollar spent. Generate a Virtual Credit Card Payment -- a unique MasterCard account number for each vendor payable for a specific dollar amount.
Our system allows you:
With hierarchical password controls to access the software, separation of duties is genuinely achievable. Administrators may set up users to:
Users may be configured to access all companies within the system or be limited in their scope of work.
As part of an Electronic Accounts Payable (EAP) Program, integrated seamlessly with any accounting or ERP, this Payment Hub allows companies to seamlessly make electronic Virtual Card Payments (Single Issue Card Numbers) without logging into a bank or another website to transmit payments.
Check out this checklist to help guide you as you seek more information from Financial Institutions and Virtual Card providers. Click here for the list.