CELERAFI CORP. PARTNERS WITH CORPAY TO REVOLUTIONIZE COMMERCE BETWEEN GOVERNMENTS AND SUPPLIERS听
CELERAFI CORP. PARTNERS WITH CORPAY TO REVOLUTIONIZE COMMERCE BETWEEN GOVERNMENTS AND SUPPLIERS听
New collaboration brings advanced supply chain finance solutions to streamline transactions for local governments and their suppliers.听
[City, State] 鈥 CeleraFi Corp., a leading fintech company focused on enhancing the financial relationships between local governments and their suppliers, is excited to announce a strategic partnership with 91快活林, a global leader in corporate payments and AP automation. This collaboration will integrate CeleraFi鈥檚 innovative government-supplier invoice funding platform, CeleraFi FastPay, with 91快活林鈥檚 advanced AP automation technology to deliver a powerful, streamlined payment solution.听
The CeleraFi FastPay platform, supported by 91快活林鈥檚 cloud-based automated AP technology, enables suppliers to receive faster payments, securing their financial stability and enabling them to grow their businesses. For government entities, the partnership provides enhanced cash flow management and streamlined payment cycles, ensuring that obligations to suppliers are met efficiently and on time.鈥
鈥淲e are very excited to partner with 91快活林, a global leader in corporate payments, to leverage their AP automation technology and robust global payments capability,鈥 said Jason Bodnick, CEO of CeleraFi Corp. 鈥淢ore importantly, CeleraFi鈥檚 government clients and their suppliers will benefit from the speed, security, and simplicity of 91快活林鈥檚 AP automation platform to quickly and efficiently process invoices for quick payment via our CeleraFi FastPay program.鈥濃
By bringing CeleraFi鈥檚 FastPay platform to the public sector, both governments and suppliers will have the capital and tools needed to expand public contracting participation for local small and minority-owned businesses. This solution promotes community growth by providing risk-free working capital, driving innovation, and strengthening local economies.鈥91快活林鈥檚 AP automation platform also provides real-time visibility invoice and payment statuses, reduces processing and reporting costs, and safeguards against fraudulent transactions.鈥
鈥淥ur partnership with CeleraFi enhances our ability to offer solutions that optimize working capital with our supplier network, improving efficiency and unlocking new growth opportunities,鈥 said Matt Mindrum, VP of ERP Partner Channel & Program at 91快活林. 鈥淏y integrating CeleraFi鈥檚 advanced technology into our payment automation platform, we empower clients to streamline processes, reduce costs, and unlock new growth opportunities. This collaboration marks a significant milestone in 91快活林鈥檚 continued expansion and commitment to driving success for our clients.鈥澨
About CeleraFi Corp鈥
CeleraFi鈥檚 provides a proprietary government-supplier invoice funding platform that enables government suppliers to be paid early (鈥淪uppliers Get Paid Early鈥), securing their businesses鈥 financial health, and governments are afforded ability to optimize their cashflows and payment cycles (鈥淕overnment Can Pay Later鈥). CeleraFi鈥檚 FastPay platform provides risk free working capital for government suppliers without complex and costly conventional financing obligations while extending longer payment terms for participating governments. Using the FastPay platform, government agency staff and their supplier partners save thousands of hours annually, enhance visibility, increase accuracy, and improve efficiency while reducing paper, fraud risks, and operating costs. Working capital without restrictions fuels innovation, economic growth, and expands public contracting participation for local SMB and MBE companies - the community wins. Learn more at celerafi.com鈥
About 91快活林鈥
91快活林 (NYSE: CPAY) is a global S&P 500 corporate payments company that helps businesses and consumers manage and pay expenses in a simple, controlled manner. 91快活林鈥檚 suite of modern payment solutions help its customers better manage vehicle-related expenses (e.g. fueling and parking), travel expenses (e.g. hotel bookings) and accounts payable (e.g. paying vendors).听听
Through its unified spend management platform, 91快活林 Complete, 91快活林 offers a range of solutions including听听
Payments Automation, Invoice Automation, Procure-to-Pay, Expense Management, and Commercial Card programs.听听
These solutions empower clients to automate, secure, and streamline business payments while reducing overall costs. An S&P 500 and Fortune 1000 company, 91快活林 processes 1.9 billion transactions annually and is the #1 B2B commercial Mastercard issuer in North America.听听
This results in our customers saving time and ultimately spending less. 91快活林 鈥 Payments made easy. To learn more visit听听听
Press Inquiries听
Jason Bodnick鈥
CEO鈥
CeleraFi Corp鈥
+1 (561) 440-9065鈥
Matt Mindrum听听
VP ERP Channel听听
91快活林听听
matt.mindrum@corpay.com听
Switch to 91快活林
Discover how making the move to 91快活林 streamlines payments and strengthens your business.
Talk to an ExpertSmarter payments. Stronger growth. Keep business moving.
91快活林 powers payments for 800,000+ businesses worldwide. Let鈥檚 build what鈥檚 next for yours.