American Express® Purchasing Solutions
American Express Purchasing Solutions is designed to help streamline your commodity spend on items such as telecommunications and stationary, helping you save money and improve your purchasing procedure with greater compliance and fraud protection.
Improve your procurement and payment process from end-to-end
The Corporate Purchasing Card can help your company, and suppliers benefit from a streamlined procure-to-pay process.
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The procurement department receives a consolidated view into supplier payments
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American Express Corporate Purchasing Solutions simplify this process by enabling you to consolidate expenses into one easy one payment. Hence, Accounts Payables can save time by eliminating the need for invoices and cheques
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Employees can conveniently make business purchases
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Suppliers enjoy the ease and expediency of electronic payments
Streamline the Reconciliation Process
The American Express Corporate Purchasing Card can help you centralize your spends across business units, gain a clear view and accurate data for better reporting, and improve the allocation and reconciliation process by reducing manual data entry.
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American Express data integration software automates the mapping, posting and integration of purchasing data into your company's financial systems.
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American Express @Work Corporate Account Reconciliation automates your entire reconciliation process, increases control and accuracy of accounting and cost allocations, and posts transactions daily and save time. This easy-to-implement, web-based solution integrates your program with your back-end financial system and improves the accuracy of your financial data.
Maximize control over your business expenses
With the American Express Corporate Purchasing Card, you can place customizable controls to ensure employee compliance, reduce approval process periods and protect your Company against fraud.
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Set a maximum spending limit per transaction and per month for individual Cardmembers
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Set a maximum monthly limit for all Cardmembers
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Set variable spending limits to ensure unforeseen additional charges do not prevent your employees from completing transactions
Access American Express' network of supplier relationships
Our closed loop network infrastructure in the B2B space captures an extensive database of supplier and point-of-sale transaction data. This data delivered in a timely and easy to use manner can help you manage your procurement program more efficiently. Consolidating your spend with fewer suppliers can increase your ability to take advantage of discounts from existing contracts.
Benefit from our expertise in purchasing solutions
Receive a high level of service and program management through our purchasing and e-commerce consultants. They can provide expertise to help you identify re-engineering opportunities and assist you with implementation of your expense management program to fit your company’s needs