Virtual cards have emerged as a valuable development in the B2B realm. They offer speed and efficiency, cost effectiveness, and real-time reconciliation and risk management, among other benefits.
Offer your customers the latest in virtual card technology
Virtual card disbursements can benefit the B2B space in several ways, including:
- Purchasing: Making purchases from suppliers and vendors.
- Travel expenses: Paying for travel expenses such as airfare, hotel accommodations, and rental cars.
- Employee expenses: Paying for employee expenses such as meals, entertainment, and other business-related expenses.
- Accounts payable: Paying invoices and other accounts payable items.
- Payroll: Paying employee salaries and other compensation more effectively and faster than ACH.
