Blog

Covering the latest in card program and payment trends - including tips, tricks, innovation, news, industry insight and much more.

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Embracing Virtual Cards: Top 3 Benefits to Suppliers

Posted by Trafton Elsea on Aug 06, 2018

According to PRNewswire.com, virtual card payments make up 50% of all B2B payments. Suppliers are accepting virtual card payments now more than ever before, but many still rely on outdated payment methods because they believe the fees don’t outweigh the benefits. Despite the most common objections for refusing to accept card payments, virtual cards offer clear benefits suppliers simply can’t ignore.

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Topics: Supplier Payments, Virtual Cards, Virtual Payments

AP in the Age of Payment Automation: How to Get Ahead

Posted by Doug Seaberg on Jul 25, 2018

We have come to an advanced leg in our AP automation journey. The European Union has drafted legislation to encourage its member countries to implement electronic payments between the public sector and its suppliers by November of this year. The resulting economic savings are reported to reach up to 2.3 billion euros. 

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Topics: Supplier Payments, B2B Payments

The Biggest Misperceptions, Mistakes and Confusions about Paying Suppliers Electronically

Posted by Molly Janssen on Apr 13, 2018

Did you miss our recent webinar with the Institute of Finance and Management (IOFM)? Don’t worry. You can still watch the recording of “Payment Myth Busters: The Biggest Misperceptions, Mistakes and Confusions about Paying Suppliers Electronically”.  

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Topics: Supplier Payments, Virtual Cards, Virtual Payments

7 Strategies for Making Your Migration to Virtual Cards a Breeze

Posted by Mark Brousseau on Apr 11, 2018

Ready to give up the high costs and hassles of paper checks and start paying suppliers via card?

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Topics: Supplier Payments, Virtual Cards, Virtual Payments

The 6-Step Strategy to a Successful Virtual Card Implementation

Posted by Mark Brousseau on Mar 20, 2018

Virtual cards are on the agenda for more finance professionals. And for good reason. 

Paying suppliers with a virtual card enables buyers to reduce costs, mitigate risks and generate lucrative monthly rebates or rewards on payments made by card.  Suppliers benefit from secure payments, self-service reporting, and streamlined reconciliation of payments and open invoices. 

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Topics: Supplier Payments, Virtual Cards, Commercial Payments

Donnie Rodgers, Jr., Downtown Lee's Summit Main Street Executive Director Talks Upcoming Economic Development Event

Posted by Anthony Dobson on Mar 12, 2018

Despite growing competition from online, mall and big-box retailers, downtowns and main streets are primed to succeed in 2018. Merchants have the ability to offer a personal touch and are vital members of their local communities, important factors for shoppers seeking an experience over convenience.

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Topics: Gift Cards, Gift Card Trends, Events