Value as a service
Challenge
Manual payment and reconciliation processes were burdensome.
There was a lack of visibility and control of daily spend from siloed P2P processes.
Lack of visibility consumed employee and accounting time.
Payments to vendors weren’t timely.
Solution
Results
Automation and virtual card use increased efficiency and saved time.
Visibility was increased for Finance, employees, and suppliers with ease of access.
Debugging monthly manually transferred reports has been virtually eliminated.
“The virtual cards are really helpful because you can basically just set it and forget it.”
— Raquel Peasley, Corporate Controller