Corporate Spending Innovations invests in Media and Advertising to facilitate fast and secure payments to maximize AP operating budgets.
BONITA SPRINGS, FL (December 17, 2020) – Corporate Spending Innovations (CSI), a leader in electronic B2B payment solutions, announced today an increased investment in its cloud-based payments platform and services to further differentiate its B2B payments platform for the media and advertising industry.
CSI works with many of the most iconic media brands and understands the importance of delivering solutions that will unlock cash flow. The payments platform allows media companies to facilitate fast and secure payments that maximize their overall operating budget.
Investing in technologies to enable industry specific analytics and faster, frictionless payments in the media space is a key focus for CSI,” said David Disque, president of CSI.
“This investment in innovation will enable CSI to continue to advance our market leading position in media and advertising — delivering solutions that increase efficiency, reduce costs, and bring transparency and real-time analytics to all media payments (digital, TV, outdoor, print, and radio).”
For over 10 years, the company has been handling billions of transactions securely for hundreds of agencies of all sizes. CSI is injecting capital in its product development and expanding its operational capacity and maximizing card spend optimization.
“CSI is launching exciting enhancements to our data analytics solution that will take actionable data to the next level for our clients and partners,” said Liane Sanson, Divisional President, Media Sales and Operations.
“Our goals are to enhance the customer’s experience and provide transparency and accountability on CSI’s efforts in an interactive way. We plan to deliver vital data that will assist CFOs in making more informed decisions on targeting suppliers, optimizing payment mix, increasing spend, and improving cash flow.”
CSI provides innovative payment solutions to world-leading brands with their highly secure corporate payment solutions that include CSI Pay systems, CSI Travel, CSI Go, CSI Connect, CSI Invoice, and global-fleet fuel cards. CSI customers can automate 100% of B2B payables including virtual credit card, proprietary network, ACH, check, or foreign exchange with cross-border payments settled in local currency. CSI is a certified Mastercard processor and has obtained Visa Ready for Business Solutions approval.
CSI is part of Edenred, the global leader in payment solutions for the working world. From single- and multiple-use virtual cards with or without information systems integration to identified wire transfers and supplier payment platforms, the Corporate Payment services offered by Edenred enable companies of all sizes and in all industries to meet their specific payment needs. Edenred’s flexible platforms simplify and secure clients’ incoming and outgoing transactions, while also facilitating their payment reconciliation process.