American Express recently launched their American Express One AP division, a proprietary automated accounts payable solution that allows their customers to process supplier payments with ease and efficiency. Their One AP division is AmEx’s vision of digitalizing payment processes by automating accounts payable processes with end-to-end and innovative solutions. Along with efficient services, AmEx has also been able to provide their customers with a wide range of digital payment tools through a number of B2B partnerships.
“American Express One AP helped us through a critical time for our work; not only have we been able to streamline vendor payments, reduce costs and save time, but we’ve also been able to continue processing checks while maintaining necessary social distancing protocols,” said Javier Aceves, CFO, LA Regional Food Bank. Additionally, according to a survey by AmEx One AP, 84% of U.S. business decision makers said they feel positive about transitioning to a digital payments system.