We're excited to announce two significant improvements to our payment disbursements, designed to better serve both you and your suppliers.

What's New

 

Virtual Card Payment Promotion

Every check now includes prominent messaging encouraging suppliers to adopt virtual card payments. Located on the remittance advice, this call-to-action highlights the benefits of faster, more secure payments and provides a direct link for suppliers to get started.

 

Why this matters: Virtual cards offer superior cash flow management, enhanced security, and automated reconciliation. By encouraging supplier adoption, we're helping facilitate a smoother transition to digital payments that benefit everyone.

 

Enhanced Check Design Based on Supplier Feedback

We listened to your suppliers' concerns about lost payment information after separating checks from remittance stubs. Our updated format now displays essential check details above the perforation line, ensuring critical information remains even after detachment.

 

Information retained above the tear line includes:

- Check number

- Check amount  

- Check date

 

Suppliers can now maintain complete payment tracking without keeping bulky remittance stubs,reducing confusion and streamlining their accounts receivable processes.

 

These updates are automatically reflected in all check disbursements. Your current payment processes remain unchanged.

Looking for our other releases?
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