Virtual AP Card: The Corpay^ Virtual Payment MasterCard is compatible with many construction ERP systems, including: • AccuBuild • Dexter & Chaney • ProfitTool • Street Smarts • Sage 300 CRE
Virtual Card Accounts Payable:
Reduce the cost of manual check processing and turn your accounts payable into a revenue generator
The Virtual Payment MasterCard for Accounts Payable from Corpay^ is an electronic payables solution that streamlines the order-to-pay business cycle and turns your accounts payable department into a revenue generator. With the Virtual Payment program, Corpay^ electronically generates a unique MasterCard account number for every vendor payable, providing a unique alternative to manual check disbursements.
How it works
Corpay^ Virtual Payment application is safe, secure, and easy to administer. It is ideal for mid- to large-size companies focused on achieving business process efficiency, cost savings, and incremental margin improvement. The process begins by submitting a payables disbursement file to Corpay^. The Virtual MasterCard account numbers are generated electronically for each vendor payment and delivered to suppliers via an associated e-mail remittance advice. The payment can be processed as any other MasterCard account number, and the supplier receives settlement within 24-48 hours. Corpay^ then transmits an electronic file to your company for reconciliation.
Why use Comdata AP Virtual Payment?
- Accepted at millions of MasterCard merchants worldwide
- Sets limits on the dollar value, expiration date and merchant type on every account number issued
- Automates the payment process
- Reduces processing cost by mitigating the number of checks
- Increases float and rebate potential
- Leverages online reporting
Training Videos
We have assembled training videos for integrating the Corpay^ Virtual Payment MasterCard with Sage 100 and Sage 300 accounting software. Click here for instant access.
OUR GOAL : K&A's goal is to provide cost effective software & technology solutions that improve the efficiency & profitability of your construction and service business. Our years of experience and consultative philosophy has provided us with the knowledge and reputation needed to help companies like yours get to the next level.