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Payhawk becomes a part of the American Express Sync Commercial Partner Network

April 25, 2024
1 Min Read

In order to enable U.S. Business and Corporate Card Members to issue virtual cards with built-in spend controls and manage business spend globally, Payhawk, a global spend management solution for domestic and international businesses throughout the U.S., U.K., and Europe, today announced a new integration with American Express. Members will also be able to redeem rewards from their eligible American Express Card when making virtual Card payments.

Payhawk is a member of the American Express Sync Commercial Partner Program in order to accomplish this connection.

"We are partnering with American Express to enable our clients to automate and streamline their financial operations with a single global spend management solution for cards, reimbursable expenses, and Accounts Payable (AP), natively integrated to their preferred ERP," stated Payhawk CEO Hristo Borisov. "Our customers will also benefit from the control, enhanced security, and cash flow management that come with using an American Express virtual Card." "We can offer our customers more value and an improved user experience thanks to the integration."

Customers of Payhawk who have qualified American Express Cards can:

 

By immediately issuing virtual Cards from Payhawk with integrated spend restrictions connected to their genuine American Express cards, you may manage spending that is outside of policy.

When users utilize virtual cards to make business payments, they can get rewards from their qualified American Express card.

With quick expense submissions and automated receipt chasing on virtual cards, you may cut down on the number of days you spend on manual accounting activities each month.

able to view on-demand virtual card transactions on the billing statement for their qualified American Express accounts that are enrolled in Payhawk, which contributes to more effective reconciliation.

By instantly synchronizing all virtual card transaction data to their ERP, you may expedite the month-end process.

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