Payment Systems

Streamline the Payment Process and Reduce Costs with Purchase One
Through our partnership with PROCURA, LLC you can take advantage of an efficiency building purchase card that delivers a high level of control and workflow automation-–tailored specifically for your purchasing policies and business rules. Purchase One is the most advanced web-based commercial card program management solution available today for procurement and travel transactions-–created by credit unions for credit unions.

Purchase One is flexible in that it can integrate with any internal system and will:

  • Enhance your back-office efficiencies by making Purchase One card the primary vehicle for payments
  • Reduce administrative burdens with online program set-up and administration
  • Streamline purchasing and A/P processes (average cost savings per transaction = 76%!)
  • Optimize cash flow--increase float on capital by up to 35 days
  • Increase process and spending controls
  • Automate transaction reconciliation/financial systems integration
  • Earn up to 100 bps rebate based on total spend
  • Earn 10 bps rebate even for the lowest tier based to total spend
  • Integrate with current systems and processes
  • Sharpen management visibility into spending activity with macro-level reporting showing spending patterns, vendor usage and policy compliance
  • Leverage card-spend data to negotiate vendor discounts

Purchase One connects payment management automation with the global credit card network. This simple web-based solution automates, streamlines and integrates your existing payment authorization and reconciliation process, going beyond replacing costly paper checks and purchase orders with efficient credit card payments.

Purchase One combines the spending controls of a purchasing card with the flexibility and ease of use of a travel and entertainment card. In addition, the program can consolidate your purchasing activity into one easy to manage system that provides flexible billing options, industry leading service and support, online account access and robust reporting capabilities.

Looking to enhance your business product line and better compete with banks? Consider reselling Purchase One to your business members, sponsors and SEGs. Not only will you gain new members, you’ll also dramatically increase rebate-earnings potential-–all with no IT hardware or software to implement or maintain!

To speak to an account executive today, call (512) 346-6666 or click here for more information.