Embedded Virtual Cards in SAP Ariba Buying Datasheet for Buyers

The following one page brochure / datasheet highlights the benefits of embedded virtual cards for buyers. Download the Document

Embedded virtual cards in SAP Ariba BuyingThe SAP virtual card solutionHow does it work?For procurement and payablesprofessionals seeking flexibleoptions to streamline supplierpayments, virtual card capabilitiesembedded in SAP Ariba procure-to-pay workflows generate unique cardattributes with programmable valueand expiry rules.When is it available?Embedded virtual cards in SAP AribaBuying will be available in 2025What are the common use cases?Virtual cards are an excellent optionfor one-time-vendor paymentsoffering enhanced control andsecurity while greatly reducing thehigh costs of new supplieronboarding. Meanwhile, virtual cardscan be exercised in a variety ofrecurring PO spend scenarios.What about my suppliers?Virtual cards are a preferred paymentmethod for many suppliers given thepayment visibility and certainty theyoffer as well as the reduction ininvoicing and administrative costs.To learn more about howembedded virtual cards in SAPAriba Buying can help balanceyour organization’s competingobjectives, contact your CustomerSuccess Manager or SalesExecutive@ 2025 SAP SE or an SAP a ffiliate company. All rights reserved.See Legal Notice on www.sap.com/legal-notice for use terms,disclaimers, disclosures, or restrictions related to this material.Virtual Cards: A Procurement Tool forStreamlining Supplier PaymentsEmbedded virtual cards in SAP Ariba Buying offers astreamlined process for managing payments to one-timevendors and existing suppliers. Procurementprofessionals can request and issue virtual cards aspayment to suppliers through an approved purchaserequisition without prior setup and configuration.Streamlined EfficiencyVirtual cards eliminate the manual processes associated with traditionalprocurement cards. Instantly generate and assign cards for specifictransactions or vendors, reducing time spent on approvals andreconciliations. Embedded in SAP Ariba Buying, virtual cards automatetracking and management, allowing your team to focus on more strategictasks.Enhanced SecurityTraditional cards are vulnerable to theft and fraud. Virtual cards, however,offer a robust layer of security. Each card is unique, assigned to a singletransaction, and can be programmed with specific limits and expirationdates. This reduces the risk of unauthorized use and enhances control overyour spending.Unmatched Control and VisibilityWith virtual cards, you gain real-time visibility into every transaction. Setspending limits, track purchases, and generate detailed reports that helpyou monitor and optimize your procurement processes. This level oftransparency ensures compliance with company policies and aids in costmanagement.Cost SavingsVirtual cards reduce administrative overhead and eliminate hidden costsassociated with traditional procurement cards. By streamlining processeswhile maintaining working capital and rebate program benefits, virtual cardscan significantly improve your bottom line.Virtual cards offer a transformative solution thatseamlessly integrates into your existing SAP Aribaprocurement processes, bringing unparalleled benefits.PUBLIC.