The benefits of ePay
Greater control over spending – Customisable authorisation per purchase allows you to create pre-defined rules and approval processes, in line with your compliance, risk and governance policies.
Enhanced security – VCNs help minimise fraud associated with traditional business payments, as the Real Card Number is never revealed to the supplier. Transactional level controls provide additional security.
Efficient reconciliation – Each VCN relates to a specific transaction, so you can allocate payments quickly and easily to the right cost centre, project or GL code. With ePay, 100% reconciliation of payments is a reality.
Improved data and spend visibility – Add data elements for each transaction to help you reduce paper and manual administration processes.
Upload images to transactions – Store an electronic image with a transaction, like a proof of purchase (receipt) that may fulfil your audit requirements.
Integration – We can integrate ePay with your e-procurement or travel booking tools and link it fully with your ERP systems, to enable efficient information flow.
Support – We provide you with full ongoing support to give you the best possible service.
Ease of use – There are three ways we can implement ePay for you depending on the size of your business, payment requirements and level of automation:
- User Interface – a web portal for requesting and approving VCNs
- Batch Upload – a flexible batch file upload system
- API – Fully automated and integrated systems, via RESTful APIs provide optimum flexibility.