Corporate Spending Innovations Formally Launches as an Automated Payment Provider of SAP Concur

Corporate Spending Innovations Formally Launches as an Automated Payment Provider of SAP Concur

Corporate Spending Innovations (CSI), a leader in electronic B2B payment solutions, and an SAP® Concur ® partner for financial services, announced today the availability of CSI Paysystems within the SAP Concur App Center. CSI’s integrated payments automation platform streamlines accounts payable automation for Concur® Invoice customers, enabling them to automate functions – from processing invoices and workflow approvals to payments decisioning and reconciliation.

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With CSI and SAP Concur solutions customers can manage invoices and payments to optimize their accounts payable processes, reduce costs, and generate net new income. The integration of CSI Paysystems and Concur Invoice provides powerful features and functionality enabling customers to:

  • Sync vendor data
  • Scan, code, route for approval, and extract and post invoices ready for payment to ERPs
  • Automatically send payments data and information to CSI Paysystems to execute all supplier payments, including secure virtual card payments
  • View details of the payments and complete additional approval workflows for payments, as needed
  • View payments status updates within Concur Invoice and CSI Paysystems for full transaction visibility
  • Receive settlement data, reconciliation, and reporting

“With the world changes that have taken place this year, companies are realizing the value of accounts payable automation to manage accounts payable processes from any location at any time,” stated Stefanie Nelsen, director of Business Line Technology, CSI. “CSI Paysystems provides customers using Concur Invoice with peace of mind that their invoices and payments will be securely processed with ease and full transaction visibility.”

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