Generate Cash Back. Reduce Cost.Improve Control. Maximize Capital.
What if your small business could save time and money while earning cash back? What if you could eliminate the need for manual work while processing B2B payments? What if you could reduce costs, improve purchasing controls, and maximize working capital?
It all sounds too good to be true, but it is exactly what you can accomplish with Kaped One, our new integrated payables platform.
In as little as 30 days, you can be a part of the Kaped One group where you will have access to the resources to automate invoices and accounts payable, freeing up time and resources that would otherwise be manually entering payment processing information.
Kaped One streamlines the integrated payables process by providing a comprehensive end-to-end payables solution. With Kaped One, you will be able to automate previously manual tasks like invoices and payments and get rebates and incentives from interchange and processing fees that are shared with your organization.
Kaped One’s simple integrated payables solution supports all payment types so you do not have to make any changes to your current business model.
Kaped One works via one, easy to implement payment file connection that supports all supplier payment types including lines of credit, ACH, and checks. This means no changes to your existing process and procedures. KAPED’s activation team will support your business to help automate your payments, generate working capital, and improve your relationships with your suppliers.
A single payment file informs all supplier payment types
Our experienced, in-house sales team drives supplier adoption and income
The platform offers a robust feature set with customizable business rules
There are many benefits to using Kaped One to automate your payables, including:
Optimizing cash flow
Improving profit margins
Maximizing working capital
Reducing invoice processing costs
Improving efficiencies and spending transparency
Creating real-time visibility of payment status
Generating early-pay incentives
The Kaped team leads the way in streamlined integrated payables solutions with their easily implemented and scalable technology and a specialized sales group to drive network adoption. They also provide a platform that can be easily tailored to meet your specific business needs.
Ready for a partner focused on delivering the results you need? The Kaped team will make your business our priority.
Higher than normal credit limits
No hard credit pull
Outbound compaigns to increase POS acceptance
Inbound referral portal and management
Over 100 agents trained to qualify, originateand service small business loans
Fund over $2.3 billion annually
While most payment solutions address only aportion of an organization’s payment needs, CPXautomatically integrates all supplier paymentsfrom a single payment instruction file. Weoptimize efficiency while maximizing discountsand cash-back benefits.
Virtual Card— Buyer sends a payment file ofapproved invoices for suppliers that agree toaccept this payment method. A single-useaccount number is passed to a supplier toprocess. The buyer receives a financialincentive via basis points on volume.
CPX Direct— For this solution, the buyerapproves an invoice and sends an emailnotification to the supplier providing theinvoice number. The buyer asks the supplierto process the transaction using the Kaped One card number that has been securely provided (supplier keeps the number on file).
CPX Dynamic Discounting— This solution issimilar to an early pay discount. The cost isflexible and depends on the number of daysthe supplier is paid earlier than their standardpayment terms. For example, the suppliermay agree to a 1.50% discount in return forpayment 30 days early. The discount ispro-rated if the early payment (in this example30 days) is not met.
CPX ACH (+)— Supplier agrees to a flat
basis point (BP) discount with no commitmentof early payment. The flat discount rate isnegotiated based upon the supplier valueproposition.
Proxy Pay— A solution that enables electronicpayments in industries that only accept phoneor web payments.
CPX ACH ($)— This option is targeted forfinancial, rent, and any other supplier verticalswhere there is a flat transaction fee.
Check Processing— Outsource manual checkprocessing to Kaped.
Customer value is achieved by automation, which streamlines payment processes and reduces human intervention. Additional value can be achieved through revenue creation in the form of rebates on transaction volume. If your customer relies heavily on checks and hasa $500M annual supplier spend file, they can realize afinancial benefit of approximately $1M annually.
Kapeds Supplier Activation team has the expertise and extensive network to establish optimal payment methods and terms with your customers’ suppliers.
We help suppliers achieve their goals for managing DSO through electronic payment acceptance, efficient paymentreconciliation and lower transaction costs.
We partner with financial institutions to provide unique (non-standard) interchange rate programs which help increase suppliers’ commercial credit line acceptance.
Not at all! Your customers can use their existingERP/accounting system to push a single PIF (payment instruction file) to Kaped. There is no costly software or development required to utilize our payment platform.
Onboarding of a new financial institution can be completedin as little as 4-6 weeks depending on the degree of customization and development.
At Kaped, we build out a plan that will allow us to minimizetime by staging as many tasks concurrently as possible.
Once your white-labeled instance of Kaped One is available, the implementation time for each of your clients can be completed in a matter of days.
In the U.S., businesses still pay over half of theirinvoices by check. The full cost of invoice processing and payment by check is $39, depending on an organization’s internal processes.*
Checks are also costly to suppliers because they must wait for checks in the mail, pay for processing, and then wait again for the checks to clear.
The more reliant an organization is on check payments, the greater the need to provide an integrated payables solution.
Every eliminated check represents significant cost savings and opportunity for cashback on your customers’supplier spend.
Alternatively, we can provide a formatted NACHA file and check files so our financial institution partners can originate these payments for customers with seamless reconciliation through Kaped.
Kapeds offers the option to outsource ACH using our proprietary automated clearing house, ACH.COM. Kapeds also offers check print and mail services.
White Label with Flexible Integration
Financial institutions can white label Kaped or integratewith our APIs to augment existing capabilities and deliver these solutions to customers.
Ideal for Dual-brand Issuers
Kaped is credit line brand and processor agnostic. We integrate with any processor, and issue lines of credit from any payment network BIN.
Protect Your Business Interests
We are not owned by a bank, so we can help protect against attrition or the loss of mid size treasury customers. Our financial institution partners maintain complete ownership of their customer relationships,including underwriting.
Automation— Maximize the automation of costly accounts payable (AP) processes and achieve significant efficiencies through the elimination of checks.
Revenue Creation—Help your customers transition their accounts payable from a cost center to a cash flow generator through interchange revenue share onconverted AP supplier spend.
Treasury Value—Expand your customer relationships by providing them with:
A single, integrated solution thatsupports all payment types across all suppliers.
An analysis of their supplier payment acceptance and recommendation for optimizing their payment strategy.
Visibility into the performance of their spend through an interactive dashboard and reports.