Corpay - Payment Processing Tool

Corpay

Corpay

Founded by Ronald F. Clarke in 1986

Manage business payments, expense cards, and cross-border transactions globally

Cost

Demo

Rating

Mixed Reviews

Time to value

Long Setup (> 1 day)

You can use Corpay to handle all your company's payment needs in one place. It lets you automate accounts payable workflows, issue commercial and virtual credit cards for employee spending, and send money to over 200 countries in 140+ currencies. You can also manage foreign exchange risk, automate invoice processing, track fleet and fuel spending, and book workforce travel. Finance teams use it to cut manual payment work, earn cash rebates, and get real-time visibility into all transactions.

What Corpay does

Automate invoice processing and approval workflowsIssue virtual or physical commercial cards to employees or vendorsSend international wire transfers in multiple currenciesTrack and control fuel and fleet card spendingManage foreign exchange exposure with hedging toolsReconcile payment data with ERP systems automaticallyGenerate real-time reports on company-wide spendingEarn and track cash rebates from card payment volumeAutomates the full accounts payable workflow from invoice receipt to paymentIssues physical, virtual, and ghost commercial Mastercard cards for different spending categoriesSends payments to over 200 countries in 140+ currencies with built-in FX risk managementProvides real-time transaction visibility and reporting across all cards and paymentsOffers cash rebates to customers based on card spending volumeIncludes dedicated fuel and fleet cards with per-gallon tracking and fraud preventionSupports multi-currency accounts so businesses can receive and pay in foreign currenciesIntegrates with ERP systems like NetSuite to sync payment data automatically

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Corpay, corporate payments, AP automation, commercial cards, cross-border payments, expense management, virtual cards, invoice automation, FX risk management, fleet fuel cards, accounts payable, multi-currency accounts, commercial Mastercard, workforce lodging, ERP integration