Business cards that cover your business needs, from purchasing to T&E to payroll and more.
of financial controllers say accounts payable is a priority for improvement1
Mastercard B2B Hub™ helps eliminate accounts payable inefficiencies and frustrations
Even in today’s digital-savvy world, for many middle-market companies, paying bills is still a manual, expensive and time-consuming process. And it’s not easy for suppliers either; a lack of data and automation makes it challenging to match a payment to an invoice. Mastercard B2B Hub™ helps solve these issues and more.
The B2B Hub™ services team have delivered significantly higher than average conversion rates to ePayables – 40% versus 10% industry average for a financial institution’s payables program.
The B2B Hub™ is designed to address the specific needs of the 350,000 middle-market customers that have trillions of invoice payments a year, with clear benefits of helping to increase accounts payable efficiency and control.
1 Institute of Financial Management (IOFM) 5 Enterprise benefits of migrating to electronic B2B Payments, 2016