The Corporate Checkout® is added as lightweight software (SDK) straight into retailers' existing B2C webshops.
When an employee visits a retailer's website, the system recognizes the business user. The Corporate Checkout® overlays the normal payment process and automatically applies all company-specific data and policies.
This covers three main features:
Profile sync: Pre-configured company profiles, purchase policies, and saved payment methods are loaded instantly.
Automatic personalization: Pre-negotiated rates, compliance rules, and preferred payment options (like virtual credit cards or central payment) are automatically applied at checkout.
Real-time data capture: All relevant transaction data, including detailed level-3 data and invoices, is instantly and automatically recorded.
Employees benefit from a smooth purchase experience just like private online shopping, and it saves them a ton of time.
Seamless shopping experience: You shop on the dealer’s regular B2C website, but with the convenience of a "Corporate Account." The process is as simple as shopping privately.
Time saver (1-Click-Procurement): Checkout is reduced to just one click since all profiles, policies, and payment info are already saved.
No more expense reports: The biggest perk: No more tedious, manual expense reports. All invoices and data get captured and sorted automatically.
No separate tools: You don't have to swap between the dealer’s shop and clunky internal procurement tools or portals anymore.
For companies, Corporate Checkout® gets rid of inefficient, manual processes and replaces them with control, compliance, and cost optimization.
Automatic policy enforcement: Company policies (e.g. approval limits per employee) and contract conditions are automatically applied on every purchase.
Managing "maverick buying": Uncontrolled spend (long-tail spend) is centralized, made visible, and controlled.
Ensuring duty of care: Compliance rules are enforced by the system.
No more manual expense reports: Manual, error-prone expense and reporting processes are replaced by automated real-time data capture.
Detailed Level-3 Data: Automatic capture of Level-3 line item data makes accounting and reconciliation a whole lot easier.
Cost reduction: The need for manual checking, consolidating, and reconciling payment and booking data just disappears.
Use of virtual cards (VCCs): The tech enables you to create and use VCCs right at the point of sale (POS), so you get real end-to-end straight-through processing.
