American Express

COMING SOON: Amendment 14, Contract Term Extension. Contact Jennifer Nisbet for questions, JNisbet@eandi.org.

The American Express contract helps institutions of all sizes create a customized payment program that saves costs, creates efficiencies through automation, improves institutional cash flow, and generates financial benefits that are calculated using the aggregate volume of all participating E&I members. The entire suite of American Express B2B Services is available at exclusive pre-negotiated rates.

American Express is committed to helping organizations manage spend. Their entire B2B suite of payment solutions, including corporate card, purchasing card, vPayment, buyer initiated payments, and AP automation helps E&I members improve payment processes.

Contract Highlights

Drive efficiency by reducing paper checks and transitioning to electronic payments
Closed loop network provides value through AMEX's direct relationships between buyers and suppliers
No personal liability through corporate card programs
Integrated seamlessly into current AP solutions and payment programs
AMEX's Supplier Enablement Team facilitates the supplier onboarding process
Corporate card products free up cash that you can put back into your business
Buyer initiated payments allows you to select the amount and date of the transaction, helping reduce uncertainties about payment timing and improve efficiencies
vPayment assigns a single-use account number to each transaction, sets a specific payment amount, date range, and transaction details to help control spend and facilitate reconciliation processes
Simplify the day-to-day processes for everyday purchases with corporate cards, which include monthly detailed reports with purchasing information to help track spend
Generous rebate program based on total E&I membership spend under this contract

Sustainability

American Express believes we have a role to play in supporting the transition to a low-carbon economy and has been working towards advancing climate solutions on multiple fronts.

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American Express

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