Why should I take advantage of Moneris' supplier enablement service?

We do all the hard work. There's no cost to you, we have a solid conversion record and we provide the best experience for you and your suppliers.

How does supplier enablement help increase utilization of my virtual card program?

The onboarding of more suppliers to the virtual card program, ultimately helps optimize your card spend.

How does this service ensure suppliers remain on the virtual card program?

To start, accounts payable (AP) analytics and supplier segmentation, help target those that will benefit most from the program. Plus, straight-through processing (STP) fully automates the process, making it advantageous for suppliers to continue with it.

What is straight-through processing (STP)?

Straight-through processing allows virtual card payments to be deposited directly into a supplier's bank account without manual intervention. Once funds are deposited, a detailed remittance report becomes available online. Moneris is the only processor that provides STP in Canada.

What financial benefits does supplier enablement deliver?

More suppliers added to your program can help you achieve greater financial incentives (i.e. commercial card rebates, reward points). It can also help increase your savings and working capital by eliminating costly cheques.

Do I have to be an existing Moneris merchant to utilize this service?

No. Any merchant enrolled in a virtual card program can benefit from this service.

B2B

Streamline Supplier Enablement services.

Maximize the benefits of your virtual credit card program by letting us help you onboard suppliers.

Is your virtual card program underutilized?

Convincing your suppliers about the benefits of virtual credit card acceptance can be difficult and time-consuming, which is why we offer a free service to do the work for you. Increase your working capital by letting us help you onboard suppliers using our proven methodology that ensures a seamless process every time. The more suppliers you have on your virtual card program, the easier to reconcile expenses, control costs and improve cash flow. Speak to an expert now

Moneris B2B Supplier Enablement service image showing colleagues sitting around a table analyzing data

Appropriate suppliers targeted

Accounts payable (AP) file analytics and supplier segmentation help narrow down those who would most benefit from commercial card acceptance. Moneris specialists then connect directly with your suppliers to explain the advantages and help get them started.

High conversion with straight-through processing (STP)

A key driver of supplier conversion is straight-through processing (STP), which makes receiving payments effortless, quick and secure. Over 90% of suppliers are onboarded to this solution.

Transparent progress reports

Your designated account manager will compile weekly progress reports to keep you up to date on which of your suppliers have been contacted and are being onboarded.

Compatible with major commercial card issuers

Moneris is an active partner of most Canadian commercial card issuers. Overall, Moneris delivers a top-quality experience in B2B payment automation.

Moneris B2B Supplier Enablement service image shows an employee chatting with another colleague while analyzing data on a laptop screen.

Strategy

Identify the best suppliers to target

Moneris B2B Supplier Enablement service image shows a female employee presenting an analysis on data displayed on a screen.

Communication

Develop strong value proposition for commercial card acceptance

Moneris B2B Supplier Enablement service image shows two colleagues sitting together and analyzing data on a laptop screen.

Outreach

Utilize specialized B2B sales experts to engage your suppliers

Frequently asked questions

Ready to get your suppliers on board? Give us a call or fill out the form below to have one of our experts contact you. 1-866-943-8929

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