American Express Launches Intelligent Capabilities to Help Streamline Buyer and Supplier Payments
AI Briefing
- • American Express launches B2B payment feature and automated invoice reporting capabilities for buyers and suppliers.
- • 92% of buyers and 91% of suppliers agree on improving invoice-based payment experience.
- • BIP feature is only available in paid plans.
Source Summary
NEW YORK--(BUSINESS WIRE)--American Express today announced a new B2B payment feature and automated invoice reporting capabilities within Buyer Initiated Payments (BIP), which are designed to improve the B2B payments experience for both buyers and suppliers. New findings from Amex Trendex research underscore why this matters: 92% of buyers and 91% of suppliers agree that improving the invoice-based payment experience for the other is increasingly important for their business relationships. BIP
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