Consolidate Payables to a Single Card Solution
Save time and resources with a single Accounts Payable solution for purchasing, travel and entertainment, and fleet expenditures. The WellsOne® Commercial Card solution allows you to reduce per-transaction costs, and streamline approvals, reporting and compliance. It puts convenience and control right in your hands.
Maintain Control of Spending
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The WellsOne® Commercial Card does more than just optimize your payment process. It also provides comprehensive expense reporting that lets you:
- Reduce or eliminate manual processes and costs. Our electronic payment process can eliminate up to 90 percent of the $50 to $150 per-transaction cost for issuing or reissuing purchase orders and checks.
- Consolidate both USD and CAD payments in a single program.
- Speed approvals with online routing and receipt imaging.
- Automatically update your A/P system or general ledger without manually keying information.
- Improve reimbursements with ACH direct deposits right to your employees’ bank accounts.
- Exercise greater security and control over employee T&E spending and reimbursement by setting limits and guidelines at multiple levels.
- Easily analyze spending trends to more effectively manage payables.
- Take the pain out of Sarbanes-Oxley compliance by consolidating expenses into a single, manageable account.
- Decrease the risk of fraud.
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