WEX Europe has entered into an agreement with Zibrant, a venue finding, creative communications and event management company, to provide the WEX Virtual Credit Solution.
The virtual payment solution will enable Zibrant to reduce the complexity of paying its large supplier base by providing one accounts payable solution with improved reconciliation and increased process automation.
The WEX Virtual Credit Solution provides businesses with the ability to improve efficiency through global payments, automate payment ?ow and reconciliation, set precise controls for payment authorisations, utilise a cost-effective system which can be seamlessly integrated and improve supplier relationships.
Fay Sharpe, financial director of Zibrant, said: "We aim to consistently deliver exceptional service to our customers and suppliers and the new technology forms part of a programme of heavy investment in the latest technologies and infrastructure supporting our expanding business model.
"The implementation of the new WEX Virtual Credit Solution will have a direct benefit to our supplier relationships and will enable us to continue to offer the best market rates and delegate packages to our client portfolio."