“My Bank Card Program is a Failure”

rolling money

“My Bank Card Program is a Failure” We have talked to hundreds of large enterprises over the past year.  A significant challenge for our sponsors in securing buy-in from their peers is the past failure of bank card programs.  No surprise to us, that’s why we started Lucrotec.  We are disrupting the B2B payments industry.…

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Highly Secure B2B Supplier Payments

B2B Supplier Payments

Highly Secure B2B Supplier Payments Accounts Payable is not glamorous. But it is essential. It is also a potential risk for enterprises as millions of dollars a week in payments are made to hundreds of B2B suppliers. Checks, plastic cards, and even ACH have inherent fraud and abuse risks. Virtual card products are the most…

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COVID and Business Continuity

Online Payment Solutions

COVID and Business Continuity The last six months have been tough on accounts receivable and payable departments. Most of these departments were operating in an office environment and the speed of COVID shutdowns caught many off-guard. Paying and processing invoices is not glamorous, but it is a necessary business function.  COVID has forced many enterprises…

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Understanding Virtual Card Payments

Understanding Virtual Card Payments The use of B2B virtual card payments can have a profound impact on your payments process and your organization’s bottom-line benefits. In fact, the use of virtual credit cards can produce big benefits: cash rebates, stronger internal controls, streamlined accounts payable processes, increased payment visibility, and better cash management. Virtual card…

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