Comdata’s AR Automation solutions make accepting virtual card payments simple and secure. By partnering with Comdata, your organization will eliminate manual card keying, simplify the reconciliation process and improve security.

AR Automation

Virtual card spending is on a huge upswing. Many of your customers are already using virtual cards (aka emailed or single-use cards) to pay invoices, and that trend will only increase. Comdata’s AR Automation solutions make accepting virtual card payments simple and secure. By partnering with Comdata, your organization will eliminate manual card keying, simplify the reconciliation process and improve security.

Stat: Growth in virtual cards and 23% of organizations saw an increase in revenue (sold more to more people) because they accepted cards. (Comdata, Mastercard, and Kaiser Associates)

Virtual Card Lockbox

Virtual Card Lockbox is a cloud-based, centralized receivables hub that collects and processes virtual card payments from all issuers.

 

 

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Straight-Through Processing

ComdataSTP automatically processes all Comdata-issued virtual card payments, pushing the payments directly into your bank account.

 

 

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Whitepaper – B2B Supplier’s Guide to Optimizing Commercial Card Payments

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AP Automation

 

 

Why Comdata?

Focused solely on making payments easier for AR and AP, we develop technology, issue credit cards, process transactions and have our own payment network, allowing us to deliver better payment tools than our competitors. We have the capability to meet unique needs without relying on third-party providers, and because we are not a bank, you maintain the flexibility to keep or change your treasury relationships without disrupting your payments program.