Adflex STP is a straight-through processing (STP) service that makes commercial credit card acceptance simple and is perfect for buying organisations who want to maintain complete control over B2B spend while benefitting from the efficiencies offered by a card, such as protecting working capital. The process is simple: the buyer initiates a payment instruction and Adflex STP executes the transaction, eliminating the risk of fraud and making fully automated payments a reality.
How does the payment instruction work?
Buyers can issue payment instructions directly from their back-office ERP system via an API call or SFTP. Alternatively, Adflex STP can work with existing virtual card services, including the issuance of card details via secure email. For buyers who prefer the manual touch, Adflex STP also has an online portal for invoice and payment approval.
Reconciliation made simple
Once a payment is processed, Adflex STP returns transaction results via email, API or SFTP to streamline accounts payable processes. Adflex STP will also issue an email remittance to the supplier's accounts receivable department, which can utilise a buyer's brand guidelines and language preferences.
Increase supplier acceptance
Participating suppliers only need a merchant ID (MID) and do not handle sensitive card data. To help, Adflex partners with many global acquiring banks and can work with existing accounts or support new applications. Additionally, Adflex STP supports large ticket transactions to address legacy ceiling limits.
Case study
Read how Adflex STP transformed Wessex Water's HSBC commercial card programme.
