First Horizon Bank's Commercial Purchasing Card is a payment card for business expenditures. Spending limits and controls can be customized to meet your company's needs. The Commercial Purchasing Card streamlines the purchasing process, particularly for small-dollar purchases, and helps reduce the costs of procurement.
Visa® Payables Automation is an electronic payment service that can be added to your Commercial Purchasing Card program to make paying suppliers more efficient. It allows you to send accounts payable files directly to Visa® from your ERP or accounts payable system, eliminating processing steps for you. Once you sign up, Visa will assign a purchasing card account to each of your strategic suppliers to receive payments. Which means you'll have more time to focus on other responsibilities.