REVEEL PARTNERS WITH CORPAY TO STREAMLINE INVOICING AND PAYMENT PROCESSES FOR PARCEL SHIPPING OPERATIONS

Rhea-AI Summary

Reveel + Corpay Partnership Revolutionizes Financial Management for Small Businesses

Positive

• Exciting opportunity for businesses to optimize financial operations
• Reveel's Shipping Intelligence platform proactively identifies opportunities for shippers to save money in real time
• Corpay offers cash rebates on most AP transactions, making it an attractive choice for businesses seeking to streamline their financial processes

Negative

• None.

Key partnership enables customers to unlock financial excellence with Reveel + Corpay

IRVINE, Calif. , Nov. 9, 2023 /PRNewswire/ -- Reveel, whose Shipping Intelligence™ platform enables companies to level the playing field with carriers, today announced its partnership with Corpay, a FLEETCOR company and global leader in business payments, to provide its customers with a smart digital bill pay platform for small businesses. Reveel's Shipping Intelligence platform provides shippers with actionable insights they can use to immediately save money – enabling organizations with parcel shipping operations, including e-commerce companies, to radically lower their costs.

Reveel and Corpay have forged a dynamic partnership to revolutionize financial management. The joint solution combines Reveel's advanced parcel spend management tools with Corpay Payments Automation, allowing businesses to streamline expenses, optimize costs, ensure compliance, make informed decisions with real-time data, simplify workflows, scale effortlessly, and receive exceptional customer support.

"For decades, businesses only learned of costly overage fees, easily avoidable surcharges, and other parcel shipping mistakes after receiving their carrier invoice," says Marc Aliotta, vice president of partnerships at Reveel. "In contrast, Reveel's Shipping Intelligence platform proactively identifies opportunities for shippers to save money in real time. Now, through our partnership with Corpay, we're taking things one step further – empowering shippers not only to control what ends up on their carrier invoices, but also to manage their accounts payable faster and easier than ever before."

The partnership presents an exciting opportunity for businesses looking to optimize their financial operations. Notably, Corpay offers cash rebates on most AP transactions, making it an attractive choice for businesses seeking to streamline their financial processes while simultaneously earning rebates on their expenses. By incorporating shipping provider payments into a streamlined AP strategy, organizations can maximize visibility and control, reduce costs, and boost their bottom line with additional revenue.

"We are thrilled to offer Reveel customers the empowerment of an AP solution that will simplify their payments process with easy reconciliation and an enhanced view of payments through our Corpay Payments Automation platform," says Caleb Jenkins, manager of business development for Corpay. "Our partnership provides businesses with a fresh scope of visibility into daily transactions, equipping them to make real-time and informed business decisions."

Corpay is a financial technology company that specializes in intelligent payment automation. Whether consolidating card programs, managing expenses on-the-go, or automating payment workflows, Corpay helps ensure businesses gain complete control and visibility of all transactions while simultaneously cutting costs and maximizing efficiency. As the number-one B2B commercial Mastercard® issuer in North America, Corpay helps businesses mitigate clients' risk of payment fraud by enrolling suppliers, independently collecting their payment remittance information, and safeguarding in-network payments with a comprehensive security and compliance infrastructure.

To learn more about Reveel, visit https://reveelgroup.com.

About Corpay 
Corpay is a global leader in business payments, helping companies of all sizes better track, manage, and pay their expenses. Corpay provides customers with a comprehensive suite of online payment solutions including Bill Payment, AP Automation, Cross-Border Payments, Currency Risk Management, and Commercial Card Programs. As the #1 B2B commercial Mastercard® issuer in North America, Corpay handles over a billion transactions each year. Corpay is part of the FLEETCOR (NYSE: FLT) portfolio of brands. To learn more, visit www.corpay.com.

About Reveel
Reveel is the leading Parcel Shipping Intelligence™ platform that enables companies to level the playing field with FedEx and UPS. Its unique technology enables shippers to break free of expensive parcel shipping consultants with an easy-to-use software app that brings transparency to the black box of carrier agreements. With over 17 years of parcel agreement management expertise and over $1.2B in parcel spend under management, the company's SaaS app provides actionable insights to make smarter business decisions, optimize carrier agreements, and give shippers peace of mind. Reveel empowers customers to leverage the power of data science and peer comparison data to capture significant ROI. For more information, visit the company's company's website and follow it on Twitter, LinkedIn and Facebook.

SOURCE: Reveel

Media Contact:
Jeff Drew
Guyer Group for Reveel
617.233.5109
reveel@guyergroup.com

View original content:https://www.prnewswire.com/news-releases/reveel-partners-with-corpay-to-streamline-invoicing-and-payment-processes-for-parcel-shipping-operations-301982990.html

SOURCE Reveel

FAQ

What is the partnership about between Reveel and Corpay?

The partnership aims to provide customers with a smart digital bill pay platform for small businesses, combining Reveel's advanced parcel spend management tools with Corpay Payments Automation.

What benefits does the partnership offer to businesses?

The partnership offers businesses the opportunity to streamline expenses, optimize costs, ensure compliance, make informed decisions with real-time data, simplify workflows, scale effortlessly, and receive exceptional customer support.

What does Corpay specialize in?

Corpay is a financial technology company that specializes in intelligent payment automation, helping businesses gain complete control and visibility of all transactions while cutting costs and maximizing efficiency.

How does Corpay help mitigate payment fraud?

Corpay helps mitigate clients' risk of payment fraud by enrolling suppliers, independently collecting their payment remittance information, and safeguarding in-network payments with a comprehensive security and compliance infrastructure.