Increase cash flow and streamline supplier payments

Businesses often struggle with the need to manage payments to suppliers in an efficient manner while keeping costs down and maintaining a positive cash flow.

Our accounts payable solutions offer you a touch-free and secure way to pay suppliers to simplify the process of making payments allowing you to focus on your core business.

 

Benefits of our accounts payable solutions

Commercial Payments Web Benefits

Save up to 3% on international payments

  • Global acceptance
  • Access to all major currencies at reduced cost
  • Use your local currency account receivables funds to make local payments
Streamline payment processing and invoice management

  • Automated reconciliation with enhanced data capture for reporting
  • Reduce or eliminate costs associated with fraud, misuse and supplier default risk
  • Simple set up and integration with flexible API deployment
Enhance cash flow and turn AP into a profit centre

  • Extended payment terms enhance working capital
  • Earn rebates on payments made
  • Improve supplier relationships with earlier payments

How our solutions work

Commercial Payments Web How Commercial Payments work

  1. Invoice received, payment requested and sent real-time
  2. Supplier receives payment in local currency
  3. Statement issued with transaction-level auto-reconciliation
  4. WEX credit line enhances working capital for buyer and supplier

Payments can be made in batch or on an invoice-by-invoice basis.

All major currencies at reduced cost

With our truly global accounts payable solutions you can save up to 3% on international payments. Our solutions are used to make payments in 210 countries and over 150 currencies.

We can bill you in 24 of those currencies, allowing you to use your local currency accounts receivables funds to make payments which avoids currency fluctuation risk:

Commercial Payments Web Currency Map Icon

Europe

    • Swiss Franc
    • Danish Krone
    • Euro
    • British Pound
    • Hungarian Forint
    • Norwegian Krone
    • Polish Zloty
    • Swedish Krona
    • Russian Ruble
    • Czech Koruna
    • Turkish Lira
Americas

    • US Dollar
    • Brazilian Real
    • Canadian Dollar
    • Mexican Peso
APAC

    • Australian Dollar
    • Hong Kong Dollar
    • Japanese Yen
    • Malaysian Ringgit
    • New Zealand Dollar
    • Singapore Dollar
    • Thai Baht
Middle East

    • Emirati Dirham

Africa

    • South African Rand