AirPlus partners with THL Pay to offer a hybrid payment solution for ad-hoc purchases
Press Release: AirPlus International partners with THL Pay to offer a smooth and cost-saving solution for ad-hoc purchases
The corporate payment specialists are partnering for a hybrid payment solution that streamlines all ad-hoc purchases and incoming invoices ensuring a smooth management process while getting numerous cost-saving options.
Schiphol, September 6, 2021 – AirPlus International, a leading global provider of corporate payments, and the Dutch payment specialist THL Pay Payment Solutions are working together through the integration of the AirPlus Virtual Cards in the THL Pay payment platform. This enables corporate customers to combine Virtual Cards and bank transfers transactions. All expenses made are settled centrally and are itemized on one clearly structured collective invoice. Through this partnership customers can now benefit from one full-service supplier instead of thousands, get more control over expenditures, improve compliance, save time and money plus reduce total cost of ownership and achieve concrete cost saving goals.
The corporate payment and internal expense management processes are much easier, more streamlined and highly efficient. The new integration combines control over long tail spend, the elimination of individual invoices for one-off purchases and insight in potential cost-savings. Due to the transparent, centralized process design, corporates can achieve far higher rates of policy compliance amongst their employees by leveraging this solution for their ad-hoc and recurring payments.
Partnership with THL Pay is a further step for AirPlus to enhance its procurement activities
THL Pay is the first procure to pay partner for AirPlus in the Netherlands. AirPlus has been successfully active in corporate payments for more than 30 years and has a leading position in business travel management. Last year it’s launched its AirPlus Virtual Cards Procurement, providing the right solution for many other business procurement payments as well. The cooperation with THL Pay is one further step to expand the procurement activities.
“We have been an expert in Travel Payment for years. The partnership with THL Pay illustrates AirPlus’ ambition to expand our scope and to be the Corporate Payment Provider of choice. We have listened to our customers’ needs and now they are able to benefit of our integrated payment solutions”, says Melvin van Wingerden, Country Manager AirPlus Benelux & Nordics. Lourens Stamhuis, CEO THL Pay adds:
“What we have experienced is the clients’ need to optimize the total control of their spend, from preferred suppliers and vendors, as well from purchases from ad-hoc suppliers, the tail spend. The cost involved with this part of their spend, is substantial due to inefficiency and the number stakeholders involved. Who all experience the challenges of this purchase and payment process. We are proud about our partnership and being the perfect match to offer the client a total-payment-solution for travel and non-travel purchases.”
AirPlus and THL Pay experience already a significant demand. The joint solution will be introduced with some pilot customers and then for all customers in the Netherlands.
About AirPlus International:
AirPlus International is a leading international provider of solutions in the corporate payment segment. 48,000 corporate customers rely on AirPlus when it comes to paying for and analyzing their business travel and other purchasing activities. The company’s products and services are marketed worldwide under the AirPlus International brand. AirPlus is an issuer under the UATP and Mastercard card schemes. The AirPlus company account is the most successful billing account within the UATP. For more information, please visit www.airplus.com.
About THL Pay
THL Pay is the expert in payment solutions for long-tail spend. THL Pay is a result-oriented payment solutions partner who helps achieve structural cost-savings. The THP Pay’ smart digital payment and cost-saving solutions ensures full optimization while providing real-time insight into coming and outgoing payments of all your long-tail spend. The payment solution is based on a unique payment portal, with state of the art technology and the most transparent business case with guaranteed savings and ROI. For more information please visit www.thlpay.nl or contact us by info@thlpay.nl
Contact:
Meghan Smith
AirPlus International
Phone: +31 (6) 46 38 69 01
e-mail: msmith@airplus.com
