Optimize Payments With Coupa Virtual Cards

Take control of long tail spend and eliminate one-time supplier onboarding by paying suppliers with virtual cards. Reduce invoice processing volume and manual processes by automating approvals and reconciliation so you can focus on more strategic tasks.

Enhance security with virtual cards by setting spending limits, expiration dates, and supplier restrictions to prevent unauthorized use. Issue cards for purchase orders and invoices, restricting them to specific suppliers and securely sending details directly to the requester. Control card restrictions to reduce credit exposure and security risks.

Drive pre-approved spend by having employees use virtual cards instead of personal credit cards. Eliminate uncontrolled and unbudgeted physical card spend by gathering accounting and budgeting information upfront during purchase requests. This approach provides real-time visibility into expenses, eliminating delays associated with traditional expense reports.

Achieve higher bank rebates by increasing supplier and employee adoption of virtual cards with their user-friendly interface and automated processes. Increase productivity by eliminating the need for time-consuming expense reports. Additionally, extend DPO with longer payment terms from bank partners to optimize cash flow.