Kontrol Team

Recent Posts

In the News: Kontrol CEO on Virtual Card Advantages, Challenges

Posted on Aug 23, 2018 2:25:21 PM by Kontrol Team

Kontrol CEO and payment industry consultant Scott Songer is quoted extensively this week in a great piece by John Carroll at TSYS about the advantages of virtual cards for B2B payments, and some of the challenges to their growth in the market.

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Kontrol Selected to 2018 Inc. 5000 List

Posted on Aug 15, 2018 12:39:37 PM by Kontrol Team

Kontrol debuts at #779 on Inc.’s annual list of fastest growing U.S. private firms.

Spokane, Wash., August 15, 2018 – Kontrol, an innovative provider of advanced payment solutions, today announced it had been named to the prestigious 2018 Inc. 5000 list of fastest growing private companies in the United States.

"It's an incredible honor to be recognized by Inc. as one of the fastest growing companies in America,” said Scott Songer, chief executive officer of Kontrol. “Our growth over the last three years has been fueled by our dynamic, committed sales and operating teams, in collaboration with a fantastic group of clients around the country. We look forward to continuing our momentum into 2019 and helping organizations streamline and secure their accounts payable while maximizing revenues."

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Topics: Kontrol

A Collaborative Approach to Vendor Adoption of E-Payments

Posted on Dec 15, 2016 8:20:00 AM by Kontrol Team

We’ve all read about the many benefits of moving from paper check-based payments to electronic card-based payments for accounts payable and other business-to-business transactions. It’s really a no-brainer for most purchasing organizations. Yet a critically important component of e-payment success is vendor acceptance. Your suppliers must be agreeable to accepting electronic payments, including virtual cards. Supplier acceptance is crucial to your company’s electronic accounts payable program.

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Topics: Vendor Enrollment, Supplier Enablement

Are More Secure Payments on Your AP Wish List This Holiday?

Posted on Dec 1, 2016 11:54:10 AM by Kontrol Team

Well, the holiday season is well and truly upon us. If you're like us, your personal credit cards are getting a major workout as you cross gift and other holiday purchases off your lists. For many consumers, the convenience of credit card payments at this time of the year is tempered by fears about the security of these payments, especially online. The massive security breach that affected shoppers at Target and other major retailers in December 2013 was a Grinch-y reminder that easy payment forms can also be easily compromised. 

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Topics: Payment Fraud, Payment Cards, security

AP Made Easy: Benefits and Best Practices of a One File Payment Process

Posted on Nov 10, 2016 8:03:48 AM by Kontrol Team

With so many different ways to pay suppliers, B2B payments can get complicated quickly. Some suppliers accept card payments, such as P-cards and virtual cards. Other suppliers prefer ACH deposits. You may even have to occasionally send a wire payment. And yes, of course, some suppliers still require payment by check. So what’s the best way to manage all of these different payments? Increasingly, many Accounts Payable departments are turning to one file payments to address the challenge of multiple payment types and bring unprecedented ease to the AP process.  

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Topics: One File, Virtual Payments, Consolidated Payments

How Virtual Cards Follow You and Your Money, Anywhere You Need Them

Posted on Aug 18, 2016 10:00:00 AM by Kontrol Team

This time of year, even if you don't work in education, don't have school-age kids, and aren't going back to school yourself, you can start to feel a back-to-school-inspired craving for something new. Maybe it's not new pens or notebooks, or a new teacher, but for us the end of August inevitably signals a time to make a few changes before the arrival of Autumn and the hurtle toward the end of the year.

If this itch for something new has you shopping for a different bank for your organization, you may be daunted by the prospect of moving all your money where it needs to be to pay your bills and tend your investments. Did you know your virtual card program can help ease this transition significantly?

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Topics: Payment Cards, Commercial Cards, Virtual Payments

Data Security in the Limelight: Top 5 Hacker Movies

Posted on Jul 28, 2016 7:30:00 AM by Kontrol Team

It's safe to say that data security is having a major moment in the popular consciousness. Between leaks of sensitive government and political information, and those massive corporate data breaches, hacking is no longer just the stuff of super-geeks in back rooms. It's come to the cultural fore. 

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Topics: Payment Fraud

A New Year's Resolution That Pays Off: Going Virtual with Your AP

Posted on Dec 31, 2015 11:06:38 AM by Kontrol Team
We don't know about you, but after the excesses of the holiday season, those gym membership promotions that are everywhere right now start looking really appealing.

The problem with those introductory gym membership rates, of course - aside from any lack of willpower on the part of the new member - is that they're meant to lure you in, get you hooked on their classes/saunas/smoothies, and then charge you a considerably higher rate once you've decided you can't live without them. Wouldn't it be great if instead of raising the price once you were in, your gym rewarded you for your commitment to physical fitness by paying YOU? 

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Topics: Virtual Payments

SUGA: The Key To Mitigating P-Card Breach

Posted on Mar 26, 2015 7:00:00 AM by Kontrol Team

3Delta Systems posted an insightful discussion of the risks of using payment cards (or P-Cards) on their blog last month.

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Topics: Payment Cards, security

A More Rewarding New Year's Resolution: Adopt Virtual Payments in 2015

Posted on Jan 13, 2015 7:00:00 AM by Kontrol Team

We don't know about you, but right around the beginning of the month, those ads for gym membership deals around our neighborhood started looking really appealing.

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Topics: Virtual Payments