iProcurement

A safer way to optimize the requisition-to-payment process.

Streamline the entire requisition-to-pay process using our integrated procurement (Virtual iProcurement) approach. When used optimally, single- or multiple-use virtual accounts offer robust transaction-level controls, enabling you to define how, where and when accounts are used. Plus, virtual payments follow the same process you use to make check payments today, just simply integrated into your existing procurement process for better efficiencies. When integrated into the requisition-to-payment life cycle, virtual payments not only increase AP efficiency, but also optimize cash flow.

The WEX Virtual iProcurement payment advantage:

  • A safer way to make supplier payments
  • Streamlined, safe, secure alternative to the standard AP process
  • Cost effective with optimum control over discretionary expenses
  • Eliminates the effort and expense of traditional B2B transactions