eBook: Rethinking Working Capital and Payments to Improve Agility and Cash Flow While Minimizing Risk
Coupa Pay Virtual Cards Pre-Approve Card Spend and Automate Reconciliation
Explore Coupa Virtual Card
Pay One-Time Suppliers with a Virtual Card
Take control of long tail spend and eliminate one-time supplier onboarding by paying suppliers with a virtual card. Reduce invoice processing volume and focus on more strategic tasks.
Restrict Access to Card Details
Issue virtual cards on POs and invoices, limiting their usage to a particular supplier. Card details are securely sent directly to the supplier or the employee who requested the card. The card amount and the card’s expiration date can be restricted reducing security and credit exposure risk.
Increase Adoption and Drive More Spend thru Virtual Cards
Generate higher bank rebates with increased supplier and employee adoption of virtual cards due to the user-friendly interface and automated processes. Virtual card payments also eliminate the need to file expense reports, which further incentivizes employees to use this payment method.
ThoughtSpot reduced daily transactions and activities by 80%
With Coupa Pay and Virtual Cards, Thoughtspot streamlined their payments process, gained real-time visibility and insight into daily spend, and reduced time spent debugging monthly manual transfer of payment files from their ERP to their bank portal by 3-4 hours per month.Learn About Thoughtspot and Coupa