Payments

Pay faster. Pay smarter. Pay on time.

Complex payment flows drain your treasury team. Late payments damage supplier relationships and will have suppliers chase your employees for payments. Mazepay makes payments the easiest part of procurement while giving you all the cash flow benefits you're looking for.

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Payments
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Get rid of payment bottlenecks and become efficient.

On-time, accurate payments with full visibility for Procurement, Finance and employees alike. Mazepay automates payment runs so your suppliers get paid when they should - Finance teams avoid manually triggering payments to low-value and one-off suppliers. Streamline your payment processes while ensuring control and compliance every step of the way according to your business rules.

  • Full control for Treasury
  • Global payment coverage
  • Bank account verification
A treat for Treasury

Efficient global payments built for the global enterprise.

Mazepay handles the complexity of global payments so you can pay suppliers anywhere. On Mazepay, you decide which account and currency you want to pay the supplier in - your business rules on Mazepay ensures all of this happens automatically.

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Before
Mazepay

No supplier bank account verification.

Overdue invoices stack up and payments are pushed through to ensure suppliers get paid. Bank accounts are rarely verified, leaving your company at a huge payment risk.

All supplier bank accounts verified.

As a licensed and regulated payment institution, Mazepay verifies any bank account we facilitate payments to. This ensures you're efficient, compliant and secure.

Before
Mazepay

Suppliers chasing employees.

Suppliers call your employees and chase late payments. This is a reputational risk, but it also puts your employees and Finance teams in the crossfire because internal processes are too cumbersome and manual.

Employees focus on core tasks.

Ensure smooth and on-time payments and let your employees focus on their core tasks. Employees can always keep track of the payment status on their invoice on Mazepay, and avoid reaching out to AP teams for payment updates and pushing for urgency.

Cash flow optimization.

Utilize your bank credit lines to ensure on-time payments for suppliers, while you pay a single monthly invoice to the bank with your own payment terms.

Global coverage.

Consolidate your global payments on Mazepay - all controlled by automated workflows and full visibility into spending.

Invoices and virtual cards.

Pay suppliers by invoice or virtual card. You decide when an employee should use a specific payment method.

But don’t take our word for it. Here’s what others have achieved with Mazepay.

We’re proud to have helped so many corporations modernise their spend.

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Payments are only one facet. See what else we can do.

Automated accounting.

Automate the end-to-end process and significantly reduce manual work in Finance team.

Virtual cards.

Virtual cards are issued for each purchase, and only after the purchase is approved.

Virtual cards and payments.

Get pre-approved virtual cards and POs. Collect receipts easily so Finance can close the books faster.

Virtual cards.

Virtual cards are issued for each purchase, and only after the purchase is approved.

AI, data & integrations

Seamless data exchange, automations and intelligence with maximum security.

Virtual cards.

Virtual cards are issued for each purchase, and only after the purchase is approved.

Security & Compliance

Built for enterprises. Regulated like a bank. Data protection based on the highest standards.

Virtual cards.

Virtual cards are issued for each purchase, and only after the purchase is approved.

Account configuration.

Streamline and automate your processes and enforce the compliance rules you want your business to follow.

Virtual cards.

Virtual cards are issued for each purchase, and only after the purchase is approved.

We now have full visibility and control over our ad-hoc purchases. With automated approval flows and user friendly receipt collection, our team can focus on delivering the best guest experience without the hassle of manual processes.

Claire Lloyd

Head of Finance, Darwin Escapes

Mazepay has really improved our spend management by allowing us to view detailed reports on costs paid by card.

Ronja Fornell

Procurement Specialist, Akind

Mazepay's approval workflow, in combination with the virtual cards, ensures 100% compliance.

Alexander Kolosov

Head of Purchasing, Facility & Fleet Management Northern Europe, BSH Home Appliances AB

With Mazepay it is much easier for finance to book small purchases on the correct accounts and business units.

Tomas Salvador

Supplier Specialist, Kramp Group

Mazepay provides a constantly growing set of features and quickly incorporates specific requirements from our side, so together we can find the best solution for our company.

Christian Hogenmüller

Senior Director, Head of Corporate Treasury, Zumtobel Group

The introduction of Eurocard - Mazepay at BSH secured a seamless process for purchases where we cannot or don’t want to receive a traditional invoice.

Alexander Kolosov

Head of Purchasing, Facility & Fleet Management Northern Europe, BSH Home Appliances AB

Reduce your risk and improve your efficiency. That’s our formula for your success.

The world’s largest corporations have successfully wrangled their long-tail spend problem with Mazepay. Our solution brings clarity to your spend chaos and gives your team their time back.

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