VAI, a leading ERP software provider, announced details of its business relationship with Comdata, an integrated financial solutions company that powers the payment platforms for some of the nation’s most recognized brands. As a result of this relationship, users of VAI’s S2K ERP software will gain access to integrated financial tools that enable organizations to better manage data, process transactions, and optimize spending on key business purchases. Mid-market customers that implement the integrated S2K and Comdata solution can benefit from streamlined operations, increased savings, greater revenue opportunities and minimized financial risk.
Comdata’s fully automated and bank-neutral payment platform easily integrates into existing ERP environments and offers organizations a new payment modality via Comdata’s virtual MasterCard account feature. By enabling automatic payment reconciliation and eliminating the inefficiency of manual check processing, Comdata allows organizations to pay suppliers and capture customer payments quickly and securely.
“Our virtual payment platform is designed to seamlessly offer both suppliers and manufacturers the ability to easily and safely accept payment electronically,” said Bob Sneed, Senior Vice President of Corporate Payments at Comdata. “We’re delighted to work with a trusted and established ERP provider like VAI, and look forward to providing their customers with a variety of innovative financial tools directly within their ERP platform, such as purchasing.”
“Mid-market companies are evolving past the check, and virtual payment methods have become increasingly important in order to stay ahead of the competition and retain customers,” said Dan Bivona, Sales Director at VAI. “Our relationship with Comdata will enable S2K customers to turn their payments center into a profit center via fully automated payment processing capabilities, cash incentives and seamless ERP integration.”
