Our Managed Payables solution goes a step beyond integrated payables delivering a seamlessly integrated, fully optimized solution leveraging terms management and discount administration to connect buyers with their suppliers through a simple pay file integration.
WEX Managed Payables leverages the value of terms management by analyzing a company’s supplier payment portfolio and developing a comprehensive discount administration strategy to improve cash flow through complete supplier payment optimization.
The WEX advantage:
- 100% electronic payments Day One
- Cost savings
- Increased security
- Improved supplier relations
- Flexible payment options – including terms management and discount administration
- Greater overall visibility
- Bank agnostic network and platform
Click here to download more information on our Managed Payables solution.