Buyer Initiated Payments (BIP)
Working capital optimisation for you. Peace of mind for your suppliers.
Help increase Days Payable Outstanding (DPO) for your business and decrease Days Sales Outstanding (DSO) for your suppliers by consolidating Card payments to suppliers into one simple and secure online platform.
Turn your Accounts Payable process into an efficient source of savings
American Express® Buyer Initiated Payments is a web portal that lets buyers quickly and efficiently schedule payments to suppliers. It can integrate easily into your Enterprise Resource Planning (ERP) software without disrupting existing Accounts Payable (AP) processes.
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