You’re still paying you suppliers by check. It takes a lot of time, and paper, and money. As much as $5 per check! There is a solution. You can reduce costs, streamline business processes, and earn monthly cash rebates, with Comdata Virtual Payments.
Comdata Virtual Payments rescues overworked Accounts Payable departments with:
• Automated payment, reporting and reconciliation,
• Ease of administration,
• Cost savings of up to 60% over processing and mailing checks,
• Monthly rebates,
• Reduced risk of check fraud,
• And it’s a green alternative.
Best of all, Virtual Payments can be up and running in 30-90 days, without changing your financial software or your banking relationships.
Virtual Payments are electronic payment alternatives to checks using a single-use virtual MasterCard account number.
Like checks, each payment is tied to one account number, one supplier, and one payment amount. And Virtual Payments are better than checks because they are full automated – from payment to reporting to reconciliation.
You’ll generate revenue by earning monthly cash back on every dollar spent using Virtual Payments. Virtual payments are being used by companies from a wide range of industries.
While there are many reasons to switch from checks to an electronic payment alternative, there are just as many reasons to choose Comdata Virtual Payments.
Start with your suppliers. Comdata will help you transition from checks to Virtual Payments by maximizing the number of suppliers who accept payment.
Our in-house enrollment teams are dedicated to specific industries, and use a variety of strategies to reach you suppliers – including unique programs to meet various supplier needs. These proven strategies will help you enroll the highest number of suppliers – and achieve the maximum ROI from Virtual Payments. Once they’re enrolled, your suppliers will benefit from Virtual Payments, too.
With Comdata, you also enjoy seamless integration because Virtual Payments works with your financial software to automate your payment and reconciliation processes.
We’re also the only leading service provider that is not a bank, so there’s no need to change your banking relationships. And, Comdata’s online dashboard will give you unprecedented visibility into your payment history.
Accounts Payable doesn’t have to be a time-consuming, money-wasting headache. With Comdata Virtual Payments, it becomes a time-saving, revenue-generating opportunity.
Contact a Comdata consultant today to begin your no obligation consultation.
Executive Producer: Alecia Lohaus, Comdata Inc. - www.comdata.com
Writing: Dunham Communications
Directing, Animation, Production: InGrid Design - www.IngridDesign.com
Videography: Fitzio Productions
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