KeyBank has deployed AOC Solutions’ EnCompass payments platform for commercial card management and reporting of its customers.
According to AOC, the new platform will allow the bank’s business customers to manage corporate purchasing/accounts payable (A/P), fleet, travel and entertainment, and purchasing card programs.
KeyBank’s customers will also be able to obtain detailed statements and automatically analyze their spending using advanced metrics and reporting features.
AOC Solutions president and CEO, Allen Cage, said: "With EnCompass, KeyBank’s commercial customers will now have centralized access to a state-of-the-art card management platform that supports any size business and combination of commercial payments."
"Unifying card processes on EnCompass also add convenience and control for monitoring and processing payment transactions efficiently, plus critical transparency into card management operations so that A/P staff can make well-informed decisions about how best to optimize purchase spending across their enterprise.
Recently, AOC Solutions entered into a strategic partnership with Hewlett Packard (HP) Commercial Card Services so that its bank clients, such as KeyBank, could offer EnCompass to their customers for enhanced management of commercial card and A/P payments from a single, full-service platform.