Improve cash management and efficiencies by using an automated accounts payable program. Streamlining vendor payments by leveraging the MasterCard® Payment Network gives companies an efficient way to send and accept payments and reduces the number of costly paper checks to process. In fact, Aberdeen Group research shows the cost to process a single check can be as high as $58 while automating invoice processing can reduce costs 30-60%.

Benefits of T-Chek’s MasterCard® Automated Payment System:

• Eliminate the need to invest in costly end-to-end A/P systems
• Keep current A/P approval processes
• Gain access to flexible systems
• Store vendor information online
• Export a batch file or create payments online
• Initiate payments at any time

Payments are made to vendors using a MasterCard® account number by using a traditional Purchasing Card, a single use account number (Virtual Card), or using an account number on file with a vendor (Ghost Card). With reports and alerts, companies gain full access to payment details and transaction verifications.

To request more information click here or call (866) 661-2435.

© T-Chek Systems, Inc. All Rights Reserved. The T-Chek MasterCard Corporate Card® is issued by Comerica Bank pursuant to a license by MasterCard International Incorporated. MasterCard® and MasterCard Corporate Card® are registered trademarks of MasterCard International.