Supplier onboarding

Get rid of some of the biggest hidden costs in enterprises.

Avoid lengthy onboarding processes for low-value or one-time suppliers by automating supplier onboarding and cut 82% of supplier onboarding costs. As a licensed financial institution, Mazepay onboard suppliers with full compliance checks and KYC. 97% of suppliers are onboarded and payment-ready within 48 hours.

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Supplier onboarding
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A new era of supplier onboarding.

Mazepay’s automated supplier onboarding minimises the time it takes to onboard low-value or one-time suppliers. We also handle bank account verification so your suppliers are compliant and payment-ready in no time. Ensure compliance, enhance your supplier relationships with on-time payments, and get in control of your suppliers.

  • Cut 82% of supplier onboarding costs
  • KYC and bank account verification
  • Avoid low-value and one-time suppliers in your ERP
improved supplier relationships

Rethink supplier onboarding.

Enterprises use the same processes to onboard long-tail suppliers as they do strategic suppliers. This is very costly and very time-consuming. Let Mazepay onboard your suppliers and realise actual cost and time savings in your procurement processes for Procurement, Finance and all employees who needs to make a purchase.

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Before
Mazepay

Lengthy supplier onboarding.

Onboarding suppliers can take several months, causing delays in operations and frustrated suppliers.

Fast supplier onboarding.

Onboard suppliers in a couple of days and ensure business continuity.

Before
Mazepay

Delayed payments.

The long and inefficient processes tied to supplier management causes delayed payments.

On-time payments.

Make sure each supplier is paid in time while staying in control of cashflow.

Robust compliance checks and risk management.

As a licensed financial institution, we conduct thorough compliance checks against thousands of global sanctions screening lists, AML, PEPs, adverse media and corporate ownership structures.

Automated supplier onboarding.

Start working instantly with already-onboarded suppliers or seamlessly enable new suppliers. 97% of suppliers are onboarded within 48 hours and you don't have to be involved at all. Let Mazepay handle supplier onboarding and free up time for your employees.

Centralised supplier management.

Manage all your low-value and one-time suppliers in one place. Instead of manually offboarding suppliers, simply disable or enable them with a single click.

Fast and safe supplier onboarding is 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.

Guided Buying.

Guide your employees to purchase from the right place, at the right time - in the right away.

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.

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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