Corporate Spending Innovations (CSI)
Corporate Spending Innovations (CSI), operating as Edenred Pay, is a cloud-based B2B payments and accounts payable automation platform serving 12,000+ customers across hospitality, property management, media/advertising, healthcare, and golf verticals with ERP-integrated invoice-to-pay, virtual card, and fleet solutions.
- Company typePrivate
- Founded1989
- HeadquartersBonita Springs, United States
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Corporate Spending Innovations (CSI) does
Corporate Spending Innovations (CSI), operating commercially as Edenred Pay, is a U.S.-headquartered B2B payments and accounts payable automation provider founded in 1989 and based in Bonita Springs, Florida. The company operates a cloud-based invoice-to-pay platform organized around a core product (Edenred Pay Automated Invoice-to-Pay) and four integrated modules — Invoice Automation, Integrated Payables Automation, Virtual Card Payments Automation, and Fleet and Fuel Cards. The platform connects to leading ERP and accounting systems (SAP, Oracle, NetSuite), claims 99.5% automated data capture accuracy, and maintains enterprise-grade security and compliance certifications (PCI DSS, SOC 2 Type II, ISO 27001, Visa Service Provider).
The platform monetizes primarily through transaction-based economics: processing fees on B2B payments, cash-back rebates from virtual card interchange shared with clients, and shared capture of early payment discounts from suppliers. Pricing is quote-based and varies by transaction volume, user count, and integration scope, with monthly billing. The company reports serving over 12,000 customers across five primary verticals — hospitality, property management, media and advertising, healthcare, and golf/country clubs — with named enterprise clients including Kolter Hospitality, a Top 20 US Hospital, Goodway Group, BrandMuscle, and Associated Asset Management. Distribution is executed through a combination of direct enterprise field sales, financial institution partnerships, referral partners, and travel industry partners, supported by a content-driven demand generation engine across LinkedIn, YouTube, and a Knowledge Hub of case studies, webinars, and eBooks. The leadership team is structured around a CEO (David Disque), C-suite covering service, technology, finance, operations, and product, plus vertical and partnership-focused senior vice presidents.
Corporate Spending Innovations (CSI) firmographics
Firmographics- Name
- Corporate Spending Innovations (CSI)
- Legal name
- Edenred Pay
- Website
- https://corporatespending.com
- Company type
- Private
- Founded year
- 1989
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Corporate Spending Innovations (CSI), operating as Edenred Pay, is a cloud-based B2B payments and accounts payable automation platform serving 12,000+ customers across hospitality, property management, media/advertising, healthcare, and golf verticals with ERP-integrated invoice-to-pay, virtual card, and fleet solutions.
- Ownership category
- akta.pro rank
Corporate Spending Innovations (CSI) industry classification
Industry- Product category
- B2B Payments and Accounts Payable Automation
- NAICS
- Credit Card Issuing (522210), Activities Related to Credit Intermediation (5223)
- SIC
- Services-Computer Programming Services (7371)
- akta.pro primary industry
- Corporate Cards & Spend Controls (FSAGAJAF)
- akta.pro secondary industry
- A2A Bill Pay & eInvoicing (Open Banking Enabled) (FSAMAFAL)
Keywords
Where Corporate Spending Innovations (CSI) is headquartered
LocationHeadquarters
- HQ city
- Bonita Springs
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Corporate Spending Innovations (CSI) business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Transaction Processing Fees: Fees earned on B2B payment transactions processed through the platform, including virtual card payments and integrated payables automation.
- Virtual Card Rebates: Cash-back rebates generated from virtual card payments when suppliers are paid via card networks. Clients receive a portion of interchange fees as rebates.
- Early Pay Discount Capture: Platform enables capture of early payment discounts from suppliers by optimizing payment timing, with benefits shared between Edenred Pay and clients.
- Processing Cost Reduction: Cost savings achieved through automation reduce overall accounts payable operational costs, representing indirect revenue value from efficiency gains.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Monthly | Custom enterprise pricing based on transaction volume and service requirements |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels10 records
Corporate Spending Innovations (CSI) product offering
Product offeringCore offering
Corporate Spending Innovations (CSI), operating as Edenred Pay, provides a cloud-based B2B invoice-to-pay automation platform that captures invoices, automates approval workflows, and executes supplier payments (including virtual card payments) directly from ERP and accounting systems. The platform serves over 12,000 customers across hospitality, property management, media/advertising, healthcare, and country clubs with end-to-end AP automation, virtual card rebate generation, and fraud mitigation controls.
Product overview
Edenred Pay (formerly Corporate Spending Innovations) is a unified B2B payments automation platform offering end-to-end invoice-to-pay automation. The product portfolio comprises a core platform (Edenred Pay Automated Invoice-to-Pay) plus four integrated modules: Invoice Automation for streamlined invoice processing, Integrated Payables Automation for multi-channel supplier payment management, Virtual Card Payments Automation for virtual card issuance with rebate opportunities, and Fleet and Fuel Cards for fleet management. The platform connects to ERP and accounting systems, delivers 99.5% data capture accuracy, and serves over 12,000 customers across industries including media, hospitality, property management, and golf/country clubs.
Differentiator
Problem solved
Functional benefit
Products and services
- Edenred Pay Automated Invoice-to-Pay End-to-end invoice-to-pay automation platform that automates the receipt, approval, and posting of invoices and optimizes/monetizes supplier payments directly from any ERP or accounting system. Targeted at mid-to-large organizations with complex AP needs across hospitality, property management, advertising, and healthcare.
- Invoice Automation Streamlines invoice processing to reduce errors and cycle times through automated data entry (99.5% accuracy) and workflow management, targeting organizations with high invoice volumes.
- Integrated Payables Automation Manages all supplier payments from a single unified platform, providing complete visibility and control over corporate spending across multiple payment methods.
- Virtual Card Payments Automation Optimizes B2B payments through virtual card issuance with built-in fraud protection and potential for generating cash-back rebates and early pay discount opportunities for businesses.
- Fleet and Fuel Cards Fleet and fuel card solutions for managing corporate vehicle expenses and fuel purchases, integrated into the broader Edenred Pay platform.
Quantifiable outcome
- 70% invoice processing cost reduction at Top 20 US Hospital
- +3 more outcomes
Companies that use Corporate Spending Innovations (CSI)
Customer profileNamed customers9 records
Segments6 records
Ideal customer profiles5 records
Corporate Spending Innovations (CSI) technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Corporate Spending Innovations (CSI) partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core, major and minor.
- SAPcoreERP integration partnership enabling seamless connectivity between Edenred Pay's invoice-to-pay platform and SAP enterprise resource planning systems for automated invoice processing and payment execution.
- OraclecoreERP integration partnership enabling Edenred Pay customers using Oracle ERP systems to automate invoice-to-pay workflows directly from Oracle platforms.
- NetSuitecoreIntegration partnership with NetSuite enabling seamless invoice automation and payment processing for NetSuite customers using Edenred Pay solutions.
- Financial InstitutionsmajorFinancial institution partners who provide Edenred Pay's payment automation solutions to their commercial banking customers, acting as distribution channel partners.
- Referral PartnersminorReferral partner network that recommends Edenred Pay's accounts payable automation solutions to businesses across various industries.
- Travel PartnersminorTravel industry partners who refer Edenred Pay's payment solutions to travel management companies and hospitality suppliers.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
Corporate Spending Innovations (CSI) competitors and assessment
Company assessmentDirect peers
- Bill.com: Bill.com is a leading cloud-based B2B payments and AP automation platform serving SMBs and mid-market. Directly comparable to Edenred Pay in invoice-to-pay automation, virtual card payments, and integrated payables.
- AvidXchange: AvidXchange specializes in AP automation and B2B payments for mid-market and enterprise customers across verticals including real estate, construction, and healthcare. Strong direct competitor in the invoice-to-pay space.
- Tipalti: Tipalti provides AP automation, global payments, and supplier management with virtual card payments and early payment capabilities. Direct competitor to Edenred Pay's invoice-to-pay platform.
- Stampli: Stampli offers AI-driven AP automation with invoice capture, approval workflows, and integrated B2B payments. Competes directly with Edenred Pay in mid-market AP automation.
Broad incumbents
- Corpay (FLEETCOR): Corpay (formerly FLEETCOR) is a global corporate payments company offering virtual cards, fuel cards, AP automation, and spend management. Overlap with Edenred Pay in virtual card issuance and fleet/fuel card products.
- Brex: Brex is a large corporate card and spend management platform with bill pay and AP capabilities. Broad incumbent in B2B corporate cards overlapping with Edenred Pay's virtual card issuance and corporate spend control products.
- Ramp: Ramp is a fast-growing corporate cards and spend management platform with bill pay, AP automation, and AI-driven expense controls. Overlaps with Edenred Pay's corporate card/spend and AP automation offerings.
- WEX Inc. WEX is a global corporate payments platform with fleet cards, virtual cards, and B2B payment solutions. Overlaps with Edenred Pay in fleet/fuel cards and virtual card issuance for B2B payments.
Emerging players
- Plastiq: Plastiq offers virtual card-based B2B payment solutions that allow businesses to pay suppliers via credit card. Emerging player in the same B2B virtual card issuance space as Edenred Pay's Virtual Card Payments Automation.
- Airbase: Airbase delivers corporate cards, AP automation, and spend management for mid-market companies. Emerging competitor overlapping with Edenred Pay's AP automation and virtual card/spend controls.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Corporate Spending Innovations (CSI) social profiles
Digital presenceCorporate Spending Innovations (CSI) compliance and trust
Trust signalCompliance4 records
Corporate Spending Innovations (CSI) financial estimates
Financial estimateRevenue estimate
Valuation estimate
Corporate Spending Innovations (CSI) leadership team
Management profileNumber of profiles
Profiles10 records
Corporate Spending Innovations (CSI) funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Corporate Spending Innovations (CSI) M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Corporate Spending Innovations (CSI)
What does Corporate Spending Innovations (CSI) do?
Corporate Spending Innovations (CSI), operating as Edenred Pay, provides a cloud-based B2B invoice-to-pay automation platform that captures invoices, automates approval workflows, and executes supplier payments (including virtual card payments) directly from ERP and accounting systems. The platform serves over 12,000 customers across hospitality, property management, media/advertising, healthcare, and country clubs with end-to-end AP automation, virtual card rebate generation, and fraud mitigation controls.
Is Corporate Spending Innovations (CSI) a public or private company?
Corporate Spending Innovations (CSI) is a private company. It is classified as corporate owned and is currently operating.
When was Corporate Spending Innovations (CSI) founded?
Corporate Spending Innovations (CSI) was founded in 1989. It employs 101 to 250 people.
Where is Corporate Spending Innovations (CSI) based?
Corporate Spending Innovations (CSI) is headquartered in Bonita Springs, United States, in the North America region.
How does Corporate Spending Innovations (CSI) make money?
Four revenue lines are on record. Transaction Processing Fees are the primary driver. The others are virtual Card Rebates, early Pay Discount Capture and processing Cost Reduction.
Who are Corporate Spending Innovations (CSI)'s main competitors?
Direct peers on record are Bill.com, AvidXchange, Tipalti and Stampli. Broad incumbents are Corpay (FLEETCOR), Brex, Ramp and WEX Inc.. Emerging players are Plastiq and Airbase.
Does Corporate Spending Innovations (CSI) have an API?
No public API is recorded for Corporate Spending Innovations (CSI).
What industry is Corporate Spending Innovations (CSI) in?
Corporate Spending Innovations (CSI)'s product category is B2B Payments and Accounts Payable Automation. Its primary akta.pro industry code is FSAGAJAF, Corporate Cards & Spend Controls, with a secondary code of FSAMAFAL, A2A Bill Pay & eInvoicing (Open Banking Enabled). Its NAICS code is 522210 and its SIC code is 7371.