Optimizing supplier payments: A new way of issuing virtual cards

If you’re a business making supplier payments, you've likely embraced virtual cards as an automated and reliable solution for delivering funds to your suppliers in real-time. Now is the time to explore how to optimize your setup and pioneer new ways to pay suppliers using virtual card issuing.

We've identified three important elements that are crucial to optimizing your setup. This guide will help you uncover an opportunity to speed up cash flow, increase reliability, save costs, and drive more revenue.

Before we dive into how you can optimize your setup through a new way of supplier payments using virtual cards, let's look at the typical card setups for businesses.