OneSource Virtual and Boost Payment Solutions Collaborate on Automated Accounts Payable

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OneSource Virtual and Boost Payment Solutions Collaborate on Automated Accounts Payable
OneSource Virtual (OSV) and Boost Payment Solutions have collaborated to fully automate invoice payments for Workday customers.

According to a joint press release released by the companies on Tuesday, June 20, this collaboration brings together Boost Intercept’s straight-through processing technology with OneSource Virtual’s new Invoice Pay solution.

According to Seth Goodman, Chief Revenue Officer of Boost Payment Solutions, “Together, we are creating a fully passive acceptance experience, reducing friction and strengthening customer-supplier relationships.” This connection is perfectly aligned with our goal of streamlining business-to-business payments and improving the payment experience for all sectors.

According to the press release, this partnership will convert Invoice Pay virtual cards to passive acceptance, which eliminates the need for human entry, reduces the risk of fraud, and enhances cost effectiveness.

According to the statement, the solution also provides OSV clients with more digital payment options, may be integrated, and does not require the installation of any new software or equipment.

According to John Bax, Chief Financial Officer of OneSource Virtual, “this partnership allows OSV to solidify our position as the only practical in-tenant solution for Workday financials customers.”