Averaged over your entire Accounts Payable book
Suppliers get paid ~45 days earlier than traditional virtual cards, for the same fee
No need to settle until your card statement becomes due
SmartPay uses your ERP data to make payment decisions as early as possible without impacting your working capital
Use your line-of-credit and AI to create value for you and your suppliers that increases program size and popularity
No change to your existing invoice approval processes, our AI works alongside your team
You increase your DPO and rebates
Suppliers decrease their DSO
Convert expensive payment methods to cards that yield a rebate
%
Each invoice is assesed and a payment decision made within seconds
Our AI checks if future adjustments are likely, and also forecasts if we can auto-recover funds if an invoice is disputed or changes.
Use dynamically generated, unique account numbers with layers of controls to secure your supplier payments. No need to hold and manage supplier bank account details.
Duplicates, misallocation and incorrect or invalid entry/due dates
Whether an invoice's characteristics fit this supplier
Default risk and clawback/offsetting contingency in case of adjustments
OCR or data entry error rates
