American Express Global Corporate Payments and Intacct have signed a partnership that will integrate commercial payments and working capital solutions into Intacct’s software.
Go deeper with GlobalData
The partnership will allow thousands of midsize businesses to set up and use American Express Global Corporate Payments products, as well as manage and improve their supplier payments, within the Intacct cloud financial system.
The Intacct Check Delivery Service will enable businesses to send check payments to suppliers and have their general ledger automatically updated – all with a click of a button.
American Express and Intacct will announce additional card- and non-card payment solutions in the future.
Robert Reid, CEO of Intacct, said: "Midsize companies are the growth engine of the economy and these businesses are rapidly migrating towards cloud platforms to manage their business, as these solutions offer robust functionality and intuitive user interfaces and deliver industry leading value.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData"We are excited to partner with American Express to collectively enhance the rapidly-growing market for cloud-based business solutions and offer a high-level customer experience across the board."
"The alliance will reduce the costs of payment processing and provide customers with an integrated user experience, as well as drive operational efficiency through streamlined workflow, reduced payment processing errors, and automated updating of the general ledger," Intacct said in a statement.
