Submitted by smurray10 on Jan. 6, 2023
Answer:
- Expedited payments – Virtual Visa card allows supplier payment to be issued at Net 0 upon correct and complete invoice approval.
- Secure delivery of automated payments to suppliers
- Improved cash flow
- Streamlined process – Reduces internal processing and transaction costs by eliminating paper-based processes, including check processing and associated reconciliation efforts
- Real-time notifications for each card payment
- Complete remittance detail to support efficient receivables posting
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