Companies should be able to onboard new suppliers more quickly and better control payments made by home-based employees after Conferma Pay and SAP Concur agreed to work on spend categories beyond travel and expense.?
The two companies have today announced that Conferma Pay will have an expanded role in the SAP Concur partner programme through an integration of Conferma Pay with Concur Invoice. They have also extended the partnership on travel payments and expense that has been in place since 2017.
As part of the tie-up, Conferma generates a virtual card when an invoice is added to Concur Invoice. The virtual payment is automatically reconciled against the invoice, reducing manual work for finance teams.? ?
Paul Raymond, director strategic relationships at Conferma Pay said: ¡°Businesses using SAP Concur solutions can now use virtual cards to pay in a much wider range of scenarios, which increases automation, reduces fraud risk and helps to better control spend.¡±?