Comdata Trucking Has Moved — Click Here 


Steps to a Highly Effective Payment Process

An efficient accounts payables department is one that promptly pays their suppliers on time, with the type of payment they prefer…right?

Wrong! Historically, simply paying suppliers may have been the ultimate goal of AP departments and if they did that, they were considered successful. But times have changed and a highly effective payment process has become much more strategic and has working capital implications.

PayStream Advisors and Mastercard explore what they deem the Perfect Payment Index (TM) and how to achieve that status in their whitepaper, “Perfecting Payment Practices Through Spend Segmentation.” A perfect payment is defined as, “one that is paid on time, uses the lowest cost payment method, and achieves the highest incentive discount.”

PayStream suggests that these defined Perfect Payers partake in an exercise called spend segmentation assessment, which is based on the quality of the supplier relationship, the volume of payments and the value of purchases. The following model has been developed by Perfect Payers –

  • Offer multiple settlement options
  • Determine the best terms for each supplier category
  • Capture increased financial incentive and early payment discounts
  • Leverage virtual accounts through a financial institution that supports virtual accounts

Optimizing your payment program doesn’t happen overnight, but it is something to strive for in the upcoming year. To learn more about segmentation, virtual credit cards and other integrated payables solutions.


Ready to find an integrated payables provider? Make sure you are prepared to ask the right questions.

Popular Resources

technology not treasury

Why Comdata?

For over 50 years, Comdata has been a leading provider of innovative B2B payment and operating technology. We offer unique capabilities in technology development, credit card issuing, transaction processing, and network ownership.

We provide continuous vendor enrollment, best-in-class integration experience, and robust web services including APIs. This approach helps our clients operate their businesses more efficiently and build electronic payment programs that positively impact their bottom lines.

Solely Focused On Payments

We focus all research & development and innovation on creating better payment technology and services.

Unique In The Market

We provide a comprehensive suite of products and in-house capabilities that offer individualized solutions.

Bank Agnostic

Our services let you maintain flexibility in your treasury relationships without interrupting your card programs.

World Class Programs

Our consultative model comprises world-class products and programs that are continuously evolving to meet our customers' needs.

Let's Reduce Your Workload

We provide our customers with customized, comprehensive solutions to help them streamline their financial processes.

Sales & Client Support

(800) 833-8640

Speak to a Solutions Specialist

Thank you for your interest!

We will be contacting you soon to follow up on your inquiry.

Comdata Corporate Payments is changing its brand to Corpay

Comdata Corporate Payments

We’re joining with FLEETCOR’s other Corporate Payment companies— Nvoicepay, Cambridge Global Payments, and Roger—under the Corpay brand.