EXECUTIVE INSIGHT
“ We’ re now 93 % accurate in our predictive capability around how suppliers would like to be paid and set up”
ERNEST ROLFSON, CEO & FOUNDER, FINEXIO
that led J. P. Morgan Chase – the best and biggest bank in the United States – to be our major partner and our largest investor.
I think that’ s because we have an unparalleled ability in prediction, which we’ ve just been talking about. We’ re very focused and committed to this area. Why? Because virtual cards are the most secure, reliable and predictable payment method. They have the least amount of friction in enrollment. For businesses, they offer the lowest cost of ownership, reducing AP overhead and minimising fraud risks. And it generates revenue because the suppliers are opting for all the conveniences that our AP Payments as a Service provides and the added security, efficiency and faster payments that virtual cards provide, which methods like ACH and cheques do not offer.
By having very strong commitment, a very superior product, by educating suppliers and buyers on these benefits
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