What is Virtual Card?
Virtual Card is a payment method offered to suppliers, where Google sends a virtual credit card to suppliers instead of a Wire/ACH payment for an invoice. Cards will have the invoice amount as credit and can be used by the supplier as they wish.
The benefits of the program allow partners to focus on core business operations through faster realization of receivables and improved cash flow.
Process Overview
Virtual cards are credit cards that are sent to suppliers over email. Suppliers receive a virtual card 3-5 business days after invoice submission. Google receives a negotiated rebate on each payment.
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Please inform us of your interest by submitting your contact information via this link or email us directly at earlypayment@google.com
What is Prompt Pay?
Prompt Pay is a form of trade discount, offered to suppliers, where Google pays invoices earlier than the contract due date in exchange for a discount.
The benefits of the program allow partners to focus on core business operations through faster realization of receivables and improved cash flow.
Process Overview
Prompt Pay enrollment is designed to minimize change management for eligible partners. Vendors can start capitalizing on accelerated AR collections after execution of contract terms and linking invoices to new POs.
Want to learn more? Please contact us!
Please inform us of your interest by submitting your contact information via this link or email us directly at earlypayment@google.com