by Sharon Robb | Nov 18, 2019 | Uncategorized
P Cards Defined Commercial charge cards issued to organizations to purchase goods and services are called P cards or purchasing cards. The organization distributes the P cards to employees. Banks and financial institutions issue the cards which carry a major...
by Sharon Robb | Sep 10, 2019 | Uncategorized
What does a payments professional in B2B credit card processing have that your average industry MLS (merchant level sales representative) doesn’t? Decades of industry experience. Partnerships. Myriad, one size definitely does not fit all solutions and very...
by Sharon Robb | Aug 5, 2019 | Uncategorized
Dynamic discounting is when a buyer uses the company’s cash on hand to pay supplier invoices early at a discounted rate. Unlike early pay discounts, dynamic discounting operates on a sliding scale. Pre-negotiated rates are offered based on when payment is made....
by Sharon Robb | Jul 15, 2019 | Uncategorized
What is a Virtual Card? Commonly called a single-use account or SUA , a 16 digit virtual card number generates randomly via AP automation programs. The program sends the SUA with an access link directly to your supplier with detailed payment instructions. This...
by Sharon Robb | Jun 24, 2019 | Uncategorized
AP automation benefits are trending at number one in accounts payable (ap) solutions in 2019. Number 1. AP automation streamlines how accounting departments process invoices and make supplier payments. Considered a cost center, investment in digitizing the AP is...