THE NEWS:
WEX corporate card customers can now connect their WEX commercial account in Concur Invoice to generate and settle vendor payments with virtual cards automatically, without leaving the Concur platform, following a new collaboration announced by Extend and WEX Inc.
DETAILS:
WHY IT MATTERS:
The seamless virtual‑card capability streamlines accounts‑payable processes for WEX corporate card users, reducing manual steps and keeping transactions within Concur, which can improve efficiency and control for enterprises that rely on WEX and SAP Concur solutions.
FAQ
How does the new integration affect WEX corporate card customers?
WEX corporate card customers can now generate and settle vendor payments with virtual cards directly within Concur Invoice, eliminating the need to leave the platform and automating the payment process, according to the collaboration announced by Extend and WEX.
Which fintech partner is enabling virtual card payments for WEX in Concur Invoice?
Extend, a leader in embedded virtual card payments and an established SAP Concur partner, is providing the technology that allows WEX corporate card customers to use virtual cards within Concur Invoice.
What benefit does the integration aim to deliver to business customers?
The integration is designed to deliver more value to business customers by embedding virtual‑card payments into the Concur Invoice workflow, automating vendor payment settlement and improving accounts‑payable efficiency.
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