Skip to content

American Express

Delivering an end-to-end, procure-to-pay solution, with seamless reconciliation, spend visibility, and the added security and control of American Express virtual card payments.

American Express has partnered with SAP Ariba and Ariba Network, the world's largest B2B network, to deliver an end-to-end procure-to-pay solution with seamless reconciliation, spend visibility via a reconciliation file, added security, and control with American Express virtual Card payments.

Benefits for buyers include:

  • Improved operational efficiencies by eliminating the need to handle payments as a separate standalone process
  • Increased control by having the ability to set a payment amount and timing of each payment, as a result of token-based virtual access and usage controls
  • Improved working capital to manage cash conversion cycles
  • Improved reconciliation by providing greater payment status visibility and data enhancements

Benefits for suppliers include:

  • Increased speed of payment as a result of a more seamless process for buyers
  • Improved collections with reduced risk of fraud, as a result of token-based virtual access controls
  • Improved reconciliation through detailed virtual Card remittance information

 

Partnership Type: Financial Ecosystem Partner

Region: North America

Expertise Areas: Spend analysis; Working capital management

Industries served: All

More information:

Questions about SAP Ariba Products?

Click here to chat with our experts.

Popular search terms: