With Integrated AP, Emburse Pushes Into B2B Payments

Emburse has launched its Emburse Pay - B2B Payments integrated payables product, which allows workforces to oversee and monitor the invoice approval and payment workflow from start to end.

In the release, Rajeev Subramanyam, general manager of Emburse Pay, said, "Our Emburse Pay suite of solutions was developed to streamline what has traditionally been a time-consuming and wasteful process - manually reconciling corporate payments."
“In B2B Payments, we've taken a historically time-consuming process and integrated it into the workflow of our AP solutions.”

Emburse Pay - B2B Payments will help businesses save time, cut costs, improve efficiency, and improve the customer experience. Clients of Emburse Chrome River Invoice may utilise the new service right now, and additional Emburse customers will be able to use it in the coming months.

WEX is functioning as the offering's "launch partner." To that aim, the FinTech services firm will provide comprehensive virtual card, check, and automated clearing house (ACH) services that are seamlessly integrated with Emburse's AP products.

WEX Inc. head of corporate payments Jay Dearborn said in the release, "Partnerships are crucial to WEX's strategy, and we are happy to cooperate with Emburse to bring this new solution to market." “Emburse recognises the value of digitization as it strives to improve consumer experiences across ACH, check, and virtual card payments.”

Emburse also offers Emburse Cards, Emburse Certify, and Emburse Captio in addition to Chrome River. The announcement comes after Emburse developed Emburse Audit to assist organisations in ensuring that expenditure reimbursement is accurate and in compliance with policies.

According to a May announcement, that solution uses machine learning (ML) in conjunction with a team of human auditors to save time, eliminate excessive spending, verify compliance, and reduce fraud. Emburse Audit, according to Emburse CEO Eric Friedrichsen, is a smart product that integrates intelligent infrastructure with "independent human verification."