Practitioners Only! Sponsored by PNC
Rebate for card programs is historically one of the most attractive aspects to organizations when evaluating card providers. Often overlooked is the significant impact card programs also have on your working capital. Have you ever considered the impact to your organization if you were able to penetrate your most strategic relationships and extend your DPO on your highest spend suppliers through a card program? Through term negotiation for early pay, custom supplier enablement and nontraditional payment initiation, we are seeing acceptance among this group of suppliers historically deemed as “non-cardable” due to cost of acceptance and size of relationships.
In this session, we’ll explore two organizations approach to supplier enablement and how proprietary rates, unique merchant partnerships with Boost, and flexible repayment terms created large scale card programs with financial benefits greater than any rebate could create.
Large Card Program Implementation or Growth through:
- Supplier Negotiations
- Supplier-paid enablement
- Nontraditional payment initiation
- Term Extension