Empowering Energy Enterprises
American Express is committed to understanding the unique challenges of large and global energy enterprises and providing strategic solutions to help unlock value from spending and manage sustainable growth.
Tools for transformational efficiency
Support When You Need It
We provide tools, insights, and people-led support to help manage your payments and expenses.
Digital Supply Chain
We have curated solutions to help deepen relationships and strengthen your supply chain.
AP Automation†
We can help you capitalize on automation momentum to drive value for your business. Enrollment is required and fees may apply.
Tailored solutions for the energy industry
As energy production and delivery evolve, managing supply chain costs and funding new investments is more important than ever. We have the tools and expertise to help you improve cash flow management and earn incentives* on your supplier spending.
*The terms of your financial incentive, if any, will be governed by your agreement with American Express.
Procurement Optimization
We can help you gain meaningful insights into your procurement spending with our proprietary Spend IQ® tool. Capabilities include Procure to Pay (P2P) process analysis and invoice assessment.
Our dedicated Supplier Enablement Team leverages data from Spend IQ® to identify suppliers both inside and outside our network and will work with you to help maximize supplier adoption.
Supplier Payment Acceleration
Spend more strategically with our comprehensive suite of payment products. Automated push payments allow you to improve cash flow management through extended payment terms with Buyer Initiated Payments (BIP).** BIP is an electronic payment method that can allow you to leverage your American Express billing cycle to extend payment terms with your suppliers.***
**Supplier must agree to accept payments from you through the American Express Buyer Initiated Payments portal.
***The number of days by which your Days Payable Outstanding is extended will vary depending on: (i) when during your American Express Card billing cycle you charge a transaction to a supplier; (ii) the date the transaction is posted to your account; and (iii) the date you pay the amount due on your American Express billing statement.
Cash Flow Management
We offer a comprehensive suite of payment products that can help improve cash flow management, including tools to enhance visibility into Days Payable Outstanding (DPO).
Our AP automation solutions can integrate into most ERP systems to reduce manual tasks to make payment processing more efficient. Digital payments also help optimize cash flow management with extended DPO and more control over payment timing.
American Express financial management tools
We offer tools for payment automation, supply-chain management, spending analytics, and more. Talk to us to explore your options and find the right fit.
Global Payment and Supplier Network
Leverage the power of our extensive global payment network and supplier enablement capabilities. We help you manage payments seamlessly while strengthening relationships with critical suppliers.
Supply Chain Cost Optimization
We’ll help you select and implement payment and supplier management solutions that can help you identify opportunities to reduce costs and improve efficiencies across your supply chain.
Automate Accounts Payable† & Accounts Receivable
We offer a variety of proprietary and partner AP and AR automation platforms that can integrate into eligible ERP systems* to help streamline Accounts Payable and Accounts Receivable workflows. Enrollment is required.
*Contact your representative to learn more about eligible accounting systems and ERPs.
Spend Analytics & Cost Control Tools
Gain visibility into spending, identify inefficiencies and uncover savings opportunities with data-driven insights from Spend IQ® and other proprietary tools.
Specialist Spotlight: Tucker Walton
Manager of Business Development, Energy Vertical
As part of our Energy Enterprise team, Tucker’s focus is on delivering commercial payment programs that positively impact multiple stakeholders, including Treasury, Finance, Accounting and Supply Chain departments.
You will receive a response from Tucker or another member of our team.
Dedicated support and consultation at every step
Account Management
Our Account Managers are your dedicated resource to help support and guide you throughout your Amex B2B payment journey and beyond.
Onboarding Team
Our Onboarding Team is here to support you and your suppliers through product implementation and ensure the onboarding experience is as smooth as possible.
Supplier Enablement
The Supplier Enablement Team leverages various supplier outreach channels to contact, educate and onboard your suppliers.
Energy industry solutions begin with a consultation
Looking for something more specific? Our programs and tools can be tailored to fit your business needs. It all starts with a conversation.
More resources for energy businesses
Overcoming Operational Inefficiencies
Explore strategies for optimizing business operations.
Frequently Asked Questions
You can choose to integrate our payment rails into your business directly or via our 3rd party AP Automation partners. Your options include:
1. American Express proprietary solutions that can integrate into most ERP systems.
2. “Plug and play” Amex capabilities for customers who use software from our partners. These solutions enable you to make Amex payments out of your existing ERP system.
3. Solutions from our partners that work as an add-on to your ERP system. These capabilities can make Amex payments from most ERP systems.
Yes, American Express has Virtual Cards, which offer enhanced control and visibility into your payments. Establish specific controls for each on-demand Virtual Card payment, including spending limits, expiration dates and allowed merchant categories. Approve, modify, or cancel Virtual Cards at any time. Create budgets specific to your projects and maintain visibility and control over spend.
Yes. Our Onboarding Team is here to support you and your suppliers through product implementation and ensure the onboarding experience is as smooth as possible.
The American Express Corporate Card Program offers both Combined Liability† and Corporate Liability† structures. If your company is approved for corporate liability, your company is responsible for all charges. If your company is approved for combined liability, both your company and the individual Card Member are responsible for charges incurred on the individual Card Member account .
With Combined Liability, the company in whose name the Corporate Card Program was opened and the individual Card Member in whose name a Corporate Card was issued are jointly a severally liable for amounts due in connection with charges incurred by the Card Member on their Card account (with some exceptions, such as for cash advances or charges that were reimbursed to the Card Member or personal in nature).
With Corporate Liability (sometimes referred to as Full Corporate Liability), the company in whose name the Corporate Card Program was opened (and not the individual Card Members) is liable for all amounts due in connection with that Corporate Program, including, without limitation all charges made using any Card issued under that Corporate Program.
AP Automation
Users may be required to enroll their eligible American Express Business, Corporate or Corporate Purchasing Card for virtual payments on the American Express B2B Payments Card Enrollment portal. Users must sign up with one of our participating financial software providers and are subject to their terms. Fees may apply. To learn more, please contact your American Express representative. Enrollment is required.
Combined Liability
With Combined Liability, the company in whose name the Corporate Card Program was opened and the individual Card Member in whose name a Corporate Card was issued are jointly and severally liable for amounts due in connection with charges incurred by the Card Member on their Card account (with some exceptions, such as for cash advances or charges that were reimbursed to the Card Member or personal in nature).
Corporate Liability
With Corporate Liability (sometimes referred to as Full Corporate Liability), the company in whose name the Corporate Card Program was opened (and not the individual Card Members) is liable for all amounts due in connection with that Corporate Program, including, without limitation all charges made using any Card issued under that Corporate Program.