Many businesses today are leveraging technology to manage finances with accounts payable. You will find that technology can make your process inexpensive, fast, convenient, and provide a high level of security to your company.
One of the newest forms of electronic payments is virtual cards. A virtual card is a 16-digit credit card number created solely to pay for a transaction or multiple transactions at a predetermined amount, but without a physical card. The card automatically expires after the payment is made.