American Express

American Express® Corporate Solutions 

The Payment Solutions to suit your business needs

 

Streamline business with our American Express® Corporate Solutions

From secure virtual payment supplier facilities to simple reconciliation processes and much more. American Express® Corporate Solutions keep your business moving. 

Consolidate Supplier Payments

Need to consolidate your supplier payments
with a single Account? 

A Corporate Purchasing Card and Corporate Purchasing Account can help you track your spending, simplify reconciliation, and negotiate rates with suppliers. From user to authoriser, managing expenses with a Corporate Purchasing Card and Corporate Purchasing Account makes it easier for your business to keep moving. Get to work on what matters.

BTA

Take the hassle out of reconciliation with Business Travel Account

Consolidate all your travel expenses into a single centralised Account with a Business Travel Account, enabling travellers to book business travel without physical Cards and allowing for reconciliation of travel costs through one simple monthly statement.

 

Pay Suppliers

Turn your Accounts Payable process into an efficient source of savings

Buyer Initiated Payments let buyers quickly and efficiently schedule payments to suppliers via one useful web portal. It can integrate easily into your Enterprise Resource Planning (ERP) software without disrupting existing Accounts Payable (AP) processes.

Pay Suppliers

Need a simple and efficient way to
pay suppliers quickly?

With vPayment, you can simplify supplier payments with secure solutions for each transaction, including adjustable payment amounts, date ranges and transaction details to help improve control.

 

Overview

  CORPORATE PURCHASING CARD CORPORATE PURCHASING ACCOUNT VPAYMENT BUYER INITIATED PAYMENT BUSINESS TRAVEL ACCOUNT
Control Limit categories of spend Control spend to your preferred suppliers
Control value and date of supplier transaction Tight control of cash flow: Buyer initiates transaction Control and increased visibility of your travel spend
Policy Compliance Spend visibility, supplier analysis Spend analysis, supplier blocking Spend analysis, supplier collaboration Registered Suppliers only, supplier collaborationr Certified
booking providers only - BTA is lodged to the Client's dedicated Travel
Provider
Process Convenience Replace petty cash, with transaction and commodity control Invoice removal, ERP integration & VAT recovery Centralised settlement, automated reconciliation Payment initiated by Buyer Centralised settlement, automated reconciliation
Card Type Plastic Virtual Virtual Virtual Virtual
Payment Initiated By Supplier Supplier Supplier Buyer Supplier
Web Based Solution No No Yes Yes Yes
Central Account No Yes Yes Yes Yes

Controls

  CORPORATE PURCHASING CARD CORPORATE PURCHASING ACCOUNT VPAYMENT BUYER INITIATED PAYMENT BUSINESS TRAVEL ACCOUNT
Maximum Individual Transaction Limit Approval levels based on transaction value Not applicable - central virtual account
Client Limit - Daily, Monthly, Annual Not applicable - central virtual account
Preferred Supplier      X
Ability To Limit Maximum Number Of Transactions Per Day Not applicable - central virtual account Not applicable - central virtual account
Cash Blocking (Prevents Use At ATMs)  X Not applicable - central virtual account Not applicable - central virtual account
Not applicable - central virtual account
Not applicable - central virtual account
Excluded Supplier    
Supplier Threshold      X
Merchant Category Code    
Cardmember Limit - Daily, Monthly, Annual Monthly Cardmember limit, but no ability to limit number of transitions per day Monthly Cardmember limit, but no ability to limit number of transitions per day     Not applicable - central virtual account
Defined Expense          

Data Capability And Online Tools

  CORPORATE PURCHASING CARD CORPORATE PURCHASING ACCOUNT VPAYMENT BUYER INITIATED PAYMENT BUSINESS TRAVEL ACCOUNT
Transaction Data (Merchant, Value and Date)
Full Invoice Data (Line Item Detail, Cost Centre, Project Code and VAT) Yes (Level 3 Suppliers) Yes (Level 3 Suppliers) Yes (Level 3 Suppliers) Not applicable - cashflow benefit Addendum data available from Air transactions
VAT Evidence Yes (Level 3 Suppliers) Yes (Level 3 Suppliers) Yes (Level 3 Suppliers) Not applicable - cashflow benefit Only in Germany
Online Programme Administration Not available
Online Statement Capability Not available Not available

American Express® Business Payment Solutions

American Express® offers a range of options to manage local or global purchasing solutions and control how your employees spend on goods and services.

To learn more, call 0800 085 7725