ActiveWorx and Comdata Announce Strategic Partnership
ActiveWorx’s B2B payment capabilities solve recurring business payment processing challenges through a powerful combination of workflow automation software and payment services using advanced machine learning and artificial intelligence. The solution is designed to generate impactful savings and efficiencies while providing a comprehensive view of cash requirements.
Comdata is responsible for the issuance of the largest number of commercial Mastercard cards. The combination of the ActiveWorx cloud-based platform for invoice automation and Comdata’s comprehensive vCard program provides customers with an ability to lower invoice processing costs, reduce fraud risk, support AP teams working remotely and operate at scale.
“I’m quite excited about going to market with Comdata as a partner that will inspire confidence in the overall invoice processing/payments solution that ActiveWorx can now deliver,” said Marty Michael, CEO of ActiveWorx.
“We are proud to partner with ActiveWorx to help enhance their business-to-business payments solution,” said Chris Shanahan, SVP of Strategic Partners at Comdata. “Our mission is to provide companies with a better way to pay and drive accounts payable innovation through technology. Our partnership with ActiveWorx will help us accomplish this mission and generate incremental revenue for our joint customers.”
ActiveWorx, Inc. (formerly Miria Systems, Inc.) is a leading financial transaction platform that helps companies achieve digital transformation, automation, and management for complex financial transactions. The cloud-based platform offers complete and comprehensive capture-to-pay functionality and accounts payable automation, supported by fast implementation, flexible deployment, and trusted industry experts. For more information, visit www.ActiveWorx.com.
Comdata Inc., a FLEETCOR company, is a leading provider of innovative payment and operating technology that drives actionable insights from spending data, builds enhanced controls and positively impacts its clients’ bottom lines. The company partners with more than 30,000 businesses to better manage $55B in spending, making it the second largest commercial MasterCard provider in the United States and Canada. Founded in 1969 and headquartered in Brentwood, Tennessee, Comdata employs more than 1,300 professionals across North America. To learn more about Comdata Inc. visit www.comdata.com.
FLEETCOR Technologies (NYSE: FLT) is a leading global business payments company that simplifies the way businesses manage and pay their expenses. The FLEETCOR portfolio of brands help companies automate, secure, digitize and control payments to, or on behalf of, their employees and suppliers. FLEETCOR serves businesses, partners and merchants in North America, Latin America, Europe, and Asia Pacific. For more information, please visit www.FLEETCOR.com.