Buyer Initiated Payments (BIP)
Automated push payments to suppliers can help improve control over the payment process.
Get StartedAutomated push payments to suppliers can help improve control over the payment process.
Get StartedFollow your existing order, approval and invoice processes to order and receive goods and services from suppliers.
After an invoice is approved, submit the electronic payment instructions file to American Express to initiate payment. We will pay your suppliers directly and notify you when the payments are processed.
Track payments and receive a single consolidated statement from American Express at the end of your billing cycle.
BIP enables your organization to extend Days Payable Outstanding (DPO) by 14 days while managing Days Cash on Hand (DCOH).1
Help drive efficiency and savings by reducing paper checks and transitioning to electronic payments. American Express can also provide you the opportunity to get a financial incentive based on your organization's BIP spend volume.2
Our Supplier Enablement Team will work one-on-one with suppliers and help participating suppliers accept BIP.
Automated push payments to suppliers can help improve control over the payment process.
With American Express Buyer Initiated Payments (BIP), USPI streamlined its relationships with vendors while reducing costs and inefficiencies associated with manual check production.
Hear how American Express Buyer Initiated Payments (BIP) helped strengthen these national health system’s payments program.