MasterCard and Ariba to Automate Integration of Corporate and Purchasing Card Programs

MasterCard Worldwide and Ariba have announced an agreement whereby they will connect transaction data from the MasterCard global data repository with Ariba Supplier Network, resulting in integration of purchasing and corporate card programs available for companies globally. The idea is that companies will be able to eliminate many of the inefficiencies commonly associated with invoice reconciliation and expense reporting, streamline reconciliation and accounts payable processing, improve control over maverick spending, and enhance overall policy compliance.


Related reading