Corpay AP Automation

Corpay AP Automation: Corpay describes itself as a corporate payments, payables and expense management provider. Its AP automation product handles invoices and vendor payments for business customers.

Corpay company profile Corpay official website

Corpay AP Automation: AP Automation

The company also sells cross-border payments, described in another entry.

Corpay's pages describe a platform that integrates with ERP systems and supports several payment methods. For a dealership group, the appeal is a central office that pays many vendors, including advertising, software and parts suppliers.

The Corpay company also publishes guides such as one on what a dealer management system is, which shows the company writing for the dealership audience.

A controller would ask which accounting systems and DMS accounting Corpay connects to. It would ask how approvals follow authority limits and how payments are controlled.

Fees and terms matter. The category guide for accounting and payables lists a neutral checklist.

Test it on real data. Ask for reference calls.

Corpay's corporate payments group was assembled in 2020 from Cambridge, AFEX, Comdata Corporate Payments and NvoicePay. Comdata was bought for 3.45 billion dollars in 2014.

The company lists AP automation, virtual cards and purchasing cards among its products.

It also folded in the cloud AP software provider Roger ai. A controller would ask which module handles invoice capture and which handles the payment run.

Corpay AP Automation functions
Product or service	Function
AP Automation	Full-service accounts payable automation covering invoice capture and coding, configurable approval routing, vendor management and payments by ACH, check, virtual card or wire, with two-way sync to accounting systems such as NetSuite, Sage Intacct and Microsoft Dynamics 365.