TreviPay, a leading B2B payments and invoicing network, has launched advanced purchase controls to help businesses streamline purchasing, enforce compliance, and minimize delays. The new functionality allows companies to configure custom purchasing policies that align with procurement needs, reducing manual reconciliation work and ensuring seamless transactions.
A Smarter Way to Manage B2B Payments
According to Dan Zimmerman, Chief Product and Technology Officer at TreviPay, these controls provide businesses with flexibility while optimizing access to spending. “Creating frictionless B2B commerce experiences is critical for driving long-term buyer loyalty. Our advanced purchase controls allow businesses to customize guardrails ahead of transactions, helping them maintain compliance and operational efficiency.”
A recent study with Murphy Research highlights that 78% of B2B buyers require invoice customization. TreviPay’s solution meets this demand with configurable options such as:
- Purchase Order (PO) Number Requirement– Ensures no transaction is processed without a valid PO.
- Amount-Based PO Threshold– Enforces PO requirements only for transactions exceeding a specified amount.
- Unique PO Number Validation– Prevents duplicate PO entries to maintain accurate records.
- Custom PO Number Format– Ensures compliance with company-specific PO formats.
Seamless Multi-Channel Integration
These purchase controls integrate seamlessly across all purchasing channels, whether online, in-store, or via sales teams. By automatically flagging non-compliant transactions, businesses can avoid back-and-forth disputes and speed up payments.
Zimmerman emphasizes the impact: “Addressing challenges in the order-to-cash process helps businesses minimize strain on A/R teams and accelerate growth without compromising the buyer experience.”
Expanding B2B Payment Innovations
TreviPay has also introduced risk-based pricing, shared buyer codes for mobile purchasing flexibility, and enhanced visibility into upcoming disbursements. These innovations further strengthen TreviPay’s position as a leader in B2B payments.
For more details on TreviPay’s advanced purchase controls, visit www.trevipay.com.
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