Virtual Payments: Finding Opportunities within Your ePayables Program
(SPEECH)
SPEAKER: With a virtual payment solution, your business can enjoy a wide range of benefits, including the opportunity to get paid for making payments. So is it a good fit for your business? Here are a few questions that can help you find the answer.

Does your business want to improve payment terms with key suppliers, earn a rebate on payments, decrease the cost associated with making payments, have more robust payment information, and improve the company's bottom line? If you answered yes to any of those questions, virtual payments are right for you. Virtual payments are single use or supplier specific account numbers that are issued by you and processed by your suppliers through the credit card network. They are being used by many types of organizations and are an effective way to pay invoices, such as professional services, inventory, and operating goods and services.

Remember, introducing virtual payments won't require a change to your current approval process, and you don't have to replace all traditional payment methods. Making virtual cards a part of your payment mix will enhance what you're doing today. You'll reap the benefits even if you convert just a small portion of your payments. Ready to go? There's no better time to begin using the payment solution that works for you. To learn more, contact your relationship manager today.