Mastercard, SAP Concur partner in APAC

Friday 5 February 2021 13:53 CET | News

Global payments technology company Mastercard has partnered with SAP Concur to deliver better expense and invoice management processes in APAC for transactions with corporate cards.

As businesses and governments seek to increase visibility across payments, optimise credit lines, and leverage data to strengthen supplier relationships, the partnership offers transaction solutions along with closer alignment between commercial card providers and their clients. Using commercial cards in conjunction with SAP Concur solutions for corporate travel booking, expense management, and invoice processing will help to speed up reconciliation and payments while strengthening cost controls and improving compliance.

For Mastercard’s issuing customers, the partnership improves the processing of corporate payments and supports the extension of SAP Concur solutions to business and government clients of all sizes.

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Keywords: MasterCard, SAP Concur, partnership, APAC, Asia Pacific, invoice management, expense, supply chain finance, corporate cards, invoice processing, payments , reconciliation
Categories: Banking & Fintech
Countries: World
This article is part of category

Banking & Fintech