Accrualify leverages the benefits of Visa’s Fintech Fast Track Program and launches a new corporate card solution providing robust spend controls to finance departments.
SAN MATEO, Calif., July 9, 2020 – Accrualify, Inc., a spend management and AP automation company, announced today their partnership with Visa to deliver its Corporate Card Module. This partnership was made possible through Accrualify’s participation in Visa’s Fintech Fast Track Program.
“The digital transformation of payments creates an exciting opportunity for us to leverage our accounts payable automation technology with Visa’s global payment network to give corporate finance teams a complete spend management solution,” said Benjamin Portusach, CEO of Accrualify. “We are working to transform spend management. Our Corporate Card Module now has the global leadership and payment expertise of Visa to put us at the forefront of digital B2B payments.”
Accrualify aims to bring innovative payment solutions to corporate finance teams. Some of the benefits Accrualify’s co-branded Visa card program provides to finance organizations include:
- Controls for spending limits, category restrictions, merchant restrictions, and use frequency
- Real-time spend tracking1
- Employee spend management with pre-approval of expenditures not found in traditional employee expensing
- Enhanced fraud controls
- Virtual and physical card issuance from one platform
Visa’s payment infrastructure will help provide new and existing Accrualify customers with a scalable corporate card product that allows them to issue virtual cards and plastic corporate cards.
“By joining Visa’s Fast Track program, exciting Fintechs like Accrualify gain unprecedented access to Visa experts, technology, and resources,” said Terry Angelos, SVP and Global Head of Fintech, Visa. “Fast Track lets us provide new resources that rapidly growing companies need to scale with efficiency.”
Visa’s Fintech Fast Track Program provides startups like Accrualify with the ability to access Visa’s growing partner network, and experts who can provide guidance in helping them get up and running in the most efficient way possible. Accrualify’s participation in the program has opened opportunities for numerous partnerships and allowed for the release of innovative products such as Accrualify’s Visa corporate card program.
For further information on Accrualify’s corporate card program, please visit https://www.accrualify.com/products/virtual-cards-corporate-card-module
To learn more about Visa’s Fintech Fast Track program, please visit http://Partner.Visa.com.
1 Information may be delayed based on source
About Accrualify, Inc.
Accrualify offers mid- and enterprise-level companies cloud-based automation solutions to better manage their Procure-to-Pay and accounts payable processes. Accrualify’s products enable more efficient and automated management of purchase orders, accruals, invoices, payments, vendor management, and budgeting. Their mission is to leverage artificial intelligence (AI) and machine learning to address the many pain points corporate finance organizations face on a daily basis. It was this principle that led Accrualify to develop a product that automates month-end accrual processes. To learn more about Accrualify’s P2P and AP automation tools, visit www.accrualify.com.
If you would like more information about Accrualify, Inc., please email Sara Tokarchuk at firstname.lastname@example.org.
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