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.
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.
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.
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.
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 |  |
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Approval levels based on transaction value | Not applicable - central virtual account |
| Client Limit - Daily, Monthly, Annual | |
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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 | |
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||
| Supplier Threshold | |
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X | ||
| Merchant Category Code | |
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| 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) | |
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| 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 | |
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Not available |
| Online Statement Capability | |
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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