As a payment method, virtual credit cards come with a long list of benefits for your organization, but there is one reason that stands out in the crowd. Working capital. Use Paystream's Working Capital Calculator to determine your estimated ROI from switching to virtual credit cards. 

Working Capital Calculator

12.2.16

As a payment method, virtual credit cards come with a long list of benefits for your organization, but there is one reason that stands out in the crowd. Working capital.

According to the whitepaper, “How Virtual Accounts Generate Working Capital”,* virtual credit cards drive impactful working capital for treasurers. It states, “Organizations can pay their suppliers with a virtual account, yet retain their funds for another 30-45 days before paying their card-issuing bank. DPO is thus extended for the organization (buyer) and DSO is actually improved for the supplier – clearly, a win-win for both parties. And in many cases, the organization can earn a rebate.”

To prove the significance of the working capital, PayStream created a Working Capital Calculator that gives insight in to the ROI you can expect after implementing a virtual credit card solution.

Through their calculations, they have estimated that “best-in-class organizations can realize up to $1.3MM in benefits for every $100 million in spending captured on virtual accounts, or a 1.3 percent return.” That is a significant number and can have a true impact on your organization.

It’s easy to determine your estimated ROI, just view the calculator here.

Did the ROI calculator convince you? It’s time to find a provider, but make sure you are asking the hard questions that will help you find the right virtual credit card partner.