Optimize payment and procurement with a Visa Commercial Card Program
The Visa Supplier Matching Service helps you better understand your suppliers so you can make more informed purchasing decisions and optimize your payment and procurement process.
Writing cheques to individual suppliers is a more costly, labour-intensive process than paying for the goods and services your business needs with a Visa card and making one payment to your Financial Institution.
The Visa Supplier Matching Service highlights which of your current Canadian and/or U.S. suppliers accept Visa cards as a form of payment. This information can help you
- Validate the adoption of a Visa card program
- Drive further process savings costs by expanding your card program to include all of your existing Visa accepting suppliers
Click for an example of how a Results File would look.
Armed with this information, you will be in a better position to determine which of your current suppliers fit into the parameters of your Visa card program. By paying more of your suppliers through your Visa card program rather than with the more costly cheque payment process your organization can better streamline its procurement process and save money.