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[Upbeat music begins to play]
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Truist ePayables is a secure and powerful
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digital payment platform built to enhance
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your current payables management.
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It's a better way to manage
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supplier payments.
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Users benefit from fast and on-time transactions,
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security that provides unparalleled control,
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and automation that enables streamlined
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and simplified administration.
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Virtual cards enable
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ePayables’ fully digital payments
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with advanced spend controls to mitigate fraud
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and streamline business purchasing.
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First, a client submits a payment instruction file,
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leading to the generation of a virtual card number.
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The supplier then receives a notification
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of the payment via secured email.
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Next, the supplier processes the payment
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through their merchant account (Point-of-Sale system),
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after which the transaction
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is automatically posted and reconciled.
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ePayables offers process improvement,
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boosts working capital
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and maximizes client rebates.
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And Truist’s in-house
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Supplier Enablement team manages and facilitates
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the supplier onboarding process
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as part of the ongoing optimization
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of your payables management.
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If you are ready to experience
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a new level of profitability,
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efficiency and security,
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talk to your Truist Payments Consultant today
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or email WholesalePayments@Truist.com.