\n
BIP enables companies<\/a> to increase the Days Payable Outstanding (DPO<\/a>) while still paying vendors on time. This web-based tool linked to Corporate Card fits and works within existing processes and includes reconciliation reporting that simplifies tracking vendor payments. BIP also helps organizations and their vendors to participate in the trading cycle digitally thus avoiding payments through cheques and drafts.
\n
\n\"Moving to digital isn’t just a faster way for a company to make payments and get paid. It also can help businesses reduce processing costs, and provide a more efficient way to track and control expenditures. American Express has always brought innovative solutions for corporates, helping them manage their expenses more efficiently. We believe BIP will help both corporates and vendors to streamline their payments process and move towards the vision of a digital economy,\" said Saru Kaushal, Vice President and General Manager, Global Corporate Payments, American Express Banking Corp.
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\nThrough the BIP process, vendors will receive the payment as a direct deposit into their bank account, along with an electronic notification of the deposit. BIP also ensures that vendors receive and track their payment as per the agreed terms. Traditionally, the exchange of goods and services between organizations and vendors, involved a tedious task of completing financial enquiries and a period of minimum 60 days to clear payments.\n\n<\/body>","next_sibling":[{"msid":57385173,"title":"Artificial intelligence will overtake human IQ in 30 yrs: SoftBank CEO Masayoshi Son","entity_type":"ARTICLE","link":"\/news\/artificial-intelligence-will-overtake-human-iq-in-30-yrs-softbank-ceo-masayoshi-son\/57385173","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":57385364,"entity_type":"ARTICLE","title":"American Express introduces new payment method for digital vendor payments","synopsis":"This web-based tool linked to Corporate Card fits and works within existing processes and includes reconciliation reporting that simplifies tracking vendor payments.","titleseo":"telecomnews\/american-express-introduces-new-payment-method-for-digital-vendor-payments","status":"ACTIVE","authors":[{"author_name":"Pratik Bhakta","author_link":"\/author\/479242111\/pratik-bhakta","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479242111.cms?width=100&height=100&hostid=268","author_additional":{"thumbsize":false,"msid":479242111,"author_name":"Pratik Bhakta","author_seo_name":"pratik-bhakta","designation":"Correspondent","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2017-02-28 09:09:00","lastupd":"2017-02-28 09:11:07","breadcrumbTags":["Companies","industry","American Express","DPO","BIP"],"secinfo":{"seolocation":"telecomnews\/american-express-introduces-new-payment-method-for-digital-vendor-payments"}}" data-authors="[" pratik bhakta"]" data-category-name="" data-category_id="" data-date="2017-02-28" data-index="article_1">
孟买:美国运通全球支付解决方案提供商,宣布启动买家发起付款(毕普),电子支付平台与公司信用卡,降低处理成本,提供延期付款条款相比,传统的发票支付。
毕普使公司增加应付天突出(DPO),同时仍然按时支付供应商。这个网络工具与公司信用卡适合在现有流程和工作,包括和解报道,简化跟踪供应商支付。毕普还帮助组织和他们的供应商参与交易周期数字从而避免支付通过支票和汇票。
“移动数字不只是更快的为公司支付和获得报酬。它也可以帮助企业降低处理成本,并提供更有效的方式来跟踪和控制支出。美国运通一直为企业带来了创新的解决方案,帮助他们更有效地管理他们的开支。我们相信毕普将帮助公司和供应商,以简化他们的支付过程和走向数字经济的愿景,“说Saru Kaushal,副总裁和总经理,全球企业支付,美国运通银行集团。
通过毕普过程,供应商将收到付款直接存入银行账户,以及一个电子的通知存款。毕普还确保供应商接收和跟踪他们的支付按照合同约定的条款。传统上,组织和供应商之间的货物和服务的交换,完成金融所涉及的乏味任务查询和一段时间的最低60天付款。
毕普使公司增加应付天突出(DPO),同时仍然按时支付供应商。这个网络工具与公司信用卡适合在现有流程和工作,包括和解报道,简化跟踪供应商支付。毕普还帮助组织和他们的供应商参与交易周期数字从而避免支付通过支票和汇票。
“移动数字不只是更快的为公司支付和获得报酬。它也可以帮助企业降低处理成本,并提供更有效的方式来跟踪和控制支出。美国运通一直为企业带来了创新的解决方案,帮助他们更有效地管理他们的开支。我们相信毕普将帮助公司和供应商,以简化他们的支付过程和走向数字经济的愿景,“说Saru Kaushal,副总裁和总经理,全球企业支付,美国运通银行集团。
通过毕普过程,供应商将收到付款直接存入银行账户,以及一个电子的通知存款。毕普还确保供应商接收和跟踪他们的支付按照合同约定的条款。传统上,组织和供应商之间的货物和服务的交换,完成金融所涉及的乏味任务查询和一段时间的最低60天付款。
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