Our primary focus is to work with CFO’s and financial leaders, to empower them to make the unpredictable-- predictable. While you can’t know for sure what is ahead, let us help you be the most prepared for the future.
Kontrol partners with you to optimize your AP department, generating efficiency, security, and revenue. Our electronic payment platform is tailored to you and your suppliers payment needs. Whether you use virtual card, ACH, or check our payment integration platform allows you to pay your vendors quickly and seamlessly.
Virtual Card- Our most advanced method of secure and simple payments. Virtual cards are a form of payment automation that replaces traditional paper checks, ACH and wire payments with an ultra-simple, pretty much unhackable, single-use credit card number. Virtual cards make the payment process faster and easier for your suppliers, while converting a cost center into a revenue stream for you.
HOW IT WORKS:
Virtual Payments- Your transition to simple automated payments is our focus. When suppliers do not accept virtual cards, Virtual Payments allow you to remain completely automated. Similar to ACH, virtual payments funnels funds directly into your supplier’s bank account. Virtual Payments are more secure than traditional check, and allow you to efficiently send payments in 4-6 business days.
Virtual Payments also come with the added bonus of rebates. For every 1million dollars in virtual payment or card transaction, you will receive a rebate of $150,000.00.
To learn more about integrated payments - check out our free educational resources here.
ACH allows you to deliver funds faster than with a check. While it is less secure and efficient as a virtual card, many suppliers prefer this form of payment as it acquires no supplier fees.
HOW IT WORKS:
To learn more about integrated payments - check out our free educational resources here .
When your suppliers do not accept virtual payments, card or ACH, check is the traditional option. Creating simple payment solutions is our goal, and we have even simplified the way you can pay with a check. Combined with our integrated payment platform, you will no longer have to bounce back and forth between paper and automated payments. You can send checks with the click of a button.