What is it?
With our Supplier Enablement product, you can access your clients' accounts payable data within minutes and gain insights on their spend and supplier activity.
Use this detail to identify suppliers eligible for your clients' virtual card programs, run targeted supplier outreach campaigns on your clients' behalf, and grow your commercial card volume in B2B payments.
Who is it for?
With Supplier Enablement, we enable banks and other commercial card issuers to make their supplier onboarding process simpler and more effective, helping them grow revenue per customer and reduce spend churn when moving banking customers to their virtual card product.
Why use it?
Move more volume to card
Gain better continuous visibility of eligible suppliers and use insights to onboard more suppliers through targeted campaigns.
Reduce spend churn
Easily review your clients' spend to identify new suppliers and monitor for suppliers that revert to check or ACH.
Improve sales conversion
Remove friction from the sales process by presenting personalized offers and spend less time processing applications.
Increase speed-to-spend
Reduce time your organization spends on collecting, cleaning, and processing data, and help clients set up their cards faster.
How does it work?
Reach out to your Codat contact to enjoy Supplier Enablement's rich product features and dynamic data refreshes through our comprehensive UI:
Relationship and onboarding management
Your Analysts and Relationship Managers have the clients they are responsible for and their data at their fingertips and can easily onboard new clients.
Easy and secure authorization journey
Your clients share their accounts payable data with Codat directly from their ERP or accounting software within minutes so that your organization can gain immediate insights.
Comprehensive financial position and spend analyses
Access an insightful view of your clients' financial position and their spend activity, including individual transactions, payment methods, terms, bill status, and more.
Ongoing monitoring and data refresh
Your Analysts and Relationship Managers can easily keep records up to date with a single click, providing ongoing service excellence to your clients.
Supported integrations
Read next
- Start your journey with Supplier Enablement