The new WellsOne program is set to allow customers to pay for the expenses generated by traveling employees, vehicle fuel and maintenance as well as small- and large-dollar corporate purchases, including accounts payable (AP) disbursements.
Introduced in 2000, the CCER application enables clients to use their WellsOne commercial cards to pay invoices received in Accounts Payable. When a customer authorizes a payment, CCER assigns a single-use account number and sends it with the payment details to the merchant by secure e-mail. Electronic reconciliation information is subsequently provided, either through a direct file or via the online CCER interface.
The CCER program replaces a multi-card strategy comprised of separate travel and entertainment cards, fleet cards, procurement cards, as well as traditional paper-driven processes. The service is delivered through Wells Fargo’s Commercial Electronic Office (CEO) portal.
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