Keytree help Barclaycard simplify Corporate Payments
Keytree has been selected to integrate Barclaycard Commercial Payments into SAP Ariba, the worlds’ largest Business-to-Business (B2B) marketplace. The new partnership between Barclaycard and SAP Ariba will be underpinned by Keytree’s expertise in delivering business transformational projects coupled with unparalleled skills in user experience – enabling Barclaycard to benefit fully from the Ariba Network.
The first Barclaycard product to launch in the SAP Ariba Network will be Precisionpay Bank Transfer, Barclaycard’s Business-to-Business product, which combines the perks of card payments for buyers with the cost-effectiveness of bank transfers for suppliers.
As the project progresses, buyers will soon have the ability to pay suppliers much earlier in the procurement cycle, using flexible capital funded by Barclaycard. This approach to payment will help improve supplier relationships and also give the buyer access to any prompt payment discounts. As a direct result, suppliers are paid straightaway – improving cash flow to help make the business more resilient.