Virtual card and spend management platform Extend has made its virtual card functionality available in the Concur Invoice platform, with which customers can register for virtual card services using their current corporate or procurement card.
By integrating Extend’s functionality, Concur Invoice can generate a virtual card linked to the registered corporate or procurement card, including a unique card number, spending limit and validity date. That can enable better controls around payments and quicker payment of vendors, according to Extend.
BMO is the first issuing partner bank giving the option of Extend functionality in Concur Invoice to its card clients. Extend said more banks will be enabled over the coming months.
