Edenred Pay
Edenred Pay provides integrated invoice-to-pay automation and B2B payments for 12,000+ enterprise customers across hospitality, media/advertising, property management, healthcare, and golf verticals, operating as a US subsidiary of Edenred.
- Company typePrivate
- Founded1989
- HeadquartersBonita Springs, United States
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Edenred Pay does
Edenred Pay is a B2B payments automation platform that provides an integrated invoice-to-pay solution for enterprise accounts payable departments. Founded in 1989 and headquartered in Bonita Springs, Florida, the company serves more than 12,000 customers across verticals including hospitality, media and advertising, property management, healthcare, golf and country clubs, and utilities. Edenred Pay is a wholly-owned subsidiary of Edenred, a publicly traded global payments company listed on Euronext Paris (ticker: EDEN) that operates in 46 countries and serves approximately 500,000 corporate clients worldwide. The platform consists of multiple integrated modules: Invoice Automation (capturing invoice header and line-item data with 99.5% accuracy using AI-powered extraction and adaptive GL coding), Integrated Payables Automation (consolidating virtual cards, ACH, Premium ACH, and checks into one workflow), Virtual Card Payments Automation (generating cash-back rebates on qualifying transactions), Fleet and Fuel Cards, and Corporate Travel. Edenred Pay is a certified Mastercard and Visa processor with direct connections to both card networks, operating a proprietary virtual card processing platform without third-party processor dependency. The platform integrates with more than 350 ERP and accounting systems including SAP, Oracle, NetSuite, Microsoft Dynamics, Sage, Yardi, RealPage, MediaOcean, and Jonas, and includes configurable approval workflows with mobile approval, a self-service supplier portal, ghost card programs for recurring vendor payments, and fraud controls (multi-factor authentication, bank account verification, segregation of duties, advanced data encryption).
Edenred Pay generates revenue through multiple streams: virtual card transaction rebates (cash-back from card networks on qualifying spend), subscription fees for the invoice-to-pay platform (quote-based enterprise pricing, multi-year contracts), partner licensing and white-label arrangements with financial institutions, and fleet card transaction fees. The go-to-market combines direct enterprise field sales (targeting organizations processing more than 1,000 invoices per month) with an extensive channel partner ecosystem including financial institutions (banks, credit unions, payment networks, fintechs), referral partners, ERP technology partners, and travel management companies. Compliance posture includes PCI-DSS, SOC 2 Type I, SOC 2 Type II, and HIPAA certifications, supporting deployment in regulated industries such as healthcare and financial services.
Edenred Pay firmographics
Firmographics- Name
- Edenred Pay
- Legal name
- Edenred Pay
- Website
- https://edenredpay.com
- Company type
- Private
- Founded year
- 1989
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Edenred Pay provides integrated invoice-to-pay automation and B2B payments for 12,000+ enterprise customers across hospitality, media/advertising, property management, healthcare, and golf verticals, operating as a US subsidiary of Edenred.
- Ownership category
- akta.pro rank
Edenred Pay industry classification
Industry- Product category
- B2B Payments / Accounts Payable Automation
- NAICS
- Software Publishers (513210), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370), Finance Services (6199)
- akta.pro primary industry
- Bill Pay, Invoicing & Payables Platforms (BPAMAFAF)
- akta.pro secondary industries
- Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE), Accounts Payable Automation & Invoice Payments for Travel Suppliers (THACAJAI)
Keywords
Where Edenred Pay is headquartered
LocationHeadquarters
- HQ city
- Bonita Springs
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Edenred Pay business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure, Supply Chain
Revenue model
- Virtual Card Transaction Rebates: Edenred Pay earns revenue through cash-back rebates on qualifying virtual card and premium ACH payments. Organizations earn rebates on qualifying spend, creating new revenue streams from accounts payable operations. The company leverages its direct card network connections to generate rebates on transactions.
- Invoice-to-Pay Platform Subscription: Subscription-based access to the integrated invoice-to-pay automation platform covering invoice processing, payment automation, and reconciliation capabilities. Pricing appears to be enterprise quote-based with no public pricing listed.
- Partner Program Licensing: Technology partnerships where financial institutions can white-label or license the platform (Technology-only or Full-service technology partnership). Partners benefit from card issuance and processing capabilities on Mastercard and VISA networks.
- Fleet and Fuel Card Services: Fleet and fuel card solutions providing businesses with commercial fleet payment cards accepted across North America, Europe, and Asia. Revenue generated from transaction processing and potential rebates on fuel purchases.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Enterprise B2B payments automation - custom pricing based on transaction volume and organizational needs |
Go-to-market motion2 records
Distribution channels6 records
Marketing channels10 records
Edenred Pay product offering
Product offeringCore offering
Edenred Pay provides a cloud-based invoice-to-pay automation platform that captures invoices from any source (paper, email, portals, EDI), applies AI-powered data capture and GL coding, routes invoices through configurable digital workflows, and executes vendor payments via virtual cards, ACH, Premium ACH, or checks. The platform integrates with 350+ ERP and accounting systems and includes fleet and fuel card capabilities with direct Mastercard and Visa processing. It is sold on an enterprise subscription basis, with revenue also generated through virtual card transaction rebates earned by the company on qualifying spend.
Product overview
Edenred Pay is a unified B2B payments and invoice-to-pay automation platform consisting of multiple integrated modules. The core Invoice-to-Pay Automation platform connects to 350+ ERP systems and provides end-to-end automation from invoice receipt through reconciliation. Key modules include Invoice Automation (capturing data at 99.5% accuracy), Integrated Payables Automation (managing virtual cards, ACH, Premium ACH, and checks on one platform), Virtual Card Payments Automation (generating rebates), and Fleet and Fuel Cards. The platform also includes a Supplier Portal for vendor self-service, Ghost Card Programs for recurring payments, and Corporate Travel solutions. Edenred Pay serves multiple vertical industries including Media & Advertising, Property Management, Hospitality, Golf & Country Clubs, Healthcare, Utilities, and Travel, with specialized integrations for industry-specific ERPs like MediaOcean, Yardi, and Jonas club systems.
Differentiator
Problem solved
Functional benefit
Products and services
- Invoice-to-Pay Automation End-to-end invoice-to-pay automation platform that automates, optimizes, and monetizes the entire invoice-to-pay process from invoice receipt through reconciliation and reporting, integrating with 350+ ERP and accounting systems.
- Invoice Automation Standalone invoice processing automation that captures invoice header and line-item data with guaranteed 99.5% AI-powered accuracy, applies GL coding, routes invoices for approval, and posts them for payment with minimal human intervention.
- Integrated Payables Automation Single platform consolidating all vendor payment types — virtual cards, ACH, Premium ACH, and checks — into one streamlined workflow for enterprise payment management and reconciliation.
- Virtual Card Payments Automation Virtual card payment solution that generates cash-back rebates on qualifying transactions and provides touch-free reconciliation, dynamic spending controls, and enhanced fraud protection for enterprise AP operations.
- Fleet and Fuel Cards Commercial fleet payment card solution providing customizable spending limits, fraud prevention controls, and instant spend visibility across drivers and vehicles, accepted across North America, Europe, and Asia.
- Corporate Travel Corporate travel management solution providing effortless bookings, touch-free reconciliations, and full control over travel expenses via secure virtual credit card capabilities integrated with travel management companies and booking tools.
- Media and Advertising Solutions Industry-specific AP automation bundle for media and advertising agencies that automates invoice matching against insertion orders, manages multi-vendor payments, and integrates with advertising ERPs like MediaOcean and Hudson MX.
- Property Management Solutions AP automation tailored for property management firms with integrations to property management ERPs like Yardi, FrontSteps, Vantaca, Rent Manager, and RealPage, supporting multi-property invoice processing and payments.
- Hospitality Solutions AP automation solution for hospitality organizations including hotels and restaurants, focusing on streamlined GL coding, accelerated invoice approvals, and supplier payment optimization across properties.
- Golf and Country Club Solutions AP automation built for golf and country clubs with direct integrations to club management systems like Northstar, Jonas, and Clubessential, enabling invoice automation, vendor payments, and fraud protection.
- Healthcare Solutions AP automation for healthcare organizations handling high-volume, high-complexity invoices while maintaining HIPAA compliance and earning cash-back revenue on qualifying supplier payments.
- Utilities Bill Pay AP automation solution for utility companies receiving tens of thousands of incoming customer bills, automating validation and processing to reduce costs and improve workflows.
Quantifiable outcome
- Invoice processing costs reduced by 70%
- +8 more outcomes
Companies that use Edenred Pay
Customer profileNamed customers20 records
Segments7 records
Ideal customer profiles6 records
Edenred Pay technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration88 records
AI capability5 records
Feature9 records
Edenred Pay partnerships and signals
Strategic signalPartnerships
26 partnerships are on record, tiered core.
- SAPcoreStrategic ERP integration partner. Edenred Pay seamlessly integrates with SAP's enterprise solutions including SAP S/4HANA, SAP Ariba, and SAP Concur, enabling organizations to automate invoice processing and payments directly within their SAP environment.
- OraclecoreIntegration partner for Oracle ERP Cloud, JD Edwards EnterpriseOne, PeopleSoft, and NetSuite. Enables organizations to streamline AP operations within Oracle-based financial ecosystems.
- NetSuitecorePre-built integration with Oracle NetSuite enabling organizations to automate invoice-to-pay processes and sync invoice, payment, and vendor data in real time.
- Microsoft DynamicscoreIntegration partner covering Microsoft Dynamics AX, CRM, NAV, SL, and Great Plains. Enables seamless connectivity for organizations using Microsoft ERP solutions.
- SagecoreIntegration partner for Sage 50, Sage 300, Sage 500, and Sage Intacct. Provides automated AP workflows for Sage users.
- InforcoreIntegration partner for Infor's suite of ERP solutions including Infor CloudSuite, SunSystems, and Infor Visual, serving manufacturing and distribution industries.
- QuickBookscoreIntegration enabling QuickBooks users to automate invoice processing and payments through Edenred Pay's platform.
- YardicoreIntegration partner specifically serving property management firms. Enables real estate companies to automate AP workflows within Yardi's property management platform.
- Jonas Club SoftwarecoreIntegration partner for Jonas Club, Jonas Construction, and Jonas Encore serving golf and country clubs. Enables clubs to automate invoice-to-pay within existing club management systems.
- NorthstarcoreIntegration partner for Northstar club management system, enabling golf and country clubs to streamline AP operations.
- ClubessentialcoreIntegration partner providing club-specific AP automation for Clubessential users in golf and country club market.
- Rent ManagercoreIntegration partner for Rent Manager property management software, enabling AP automation for property management firms.
- RealPagecoreIntegration partner for RealPage property management platform, enabling property managers to automate payables processes.
- MediaOceancoreStrategic integration partner for MediaOcean's advertising media ERP solutions including Lumina and Prisma platforms. Enables media buyers to automate invoice matching against insertion orders.
- Hudson MXcoreIntegration partner for Hudson MX advertising technology platform, enabling automation of invoice processing and matching against insertion orders.
- SAP ConcurcoreIntegration partner for SAP Concur travel and expense management, enabling seamless corporate travel payment automation.
- BlackbaudcoreIntegration partner for Blackbaud financial ERP solutions serving nonprofit organizations.
- Bank of the WestcoreFinancial institution partner offering Edenred Pay's invoice-to-pay solutions to commercial banking clients. Testimony highlights flexible and advanced payment technology.
- CIT BankcoreFinancial institution partner leveraging Edenred Pay's card programs and payables solutions for the benefit of the bank and its customers.
- MastercardcoreDirect certification as Mastercard processor with dual issuance capabilities on Mastercard and Visa networks. Direct connections to card networks allow full control of proprietary virtual card processing platform.
- VisacoreCertified Visa processor with dual issuance capabilities. Direct card network connections enable faster, more flexible, and secure virtual card solutions.
- AdelmancoreTravel management company partner using Edenred Pay's virtual credit card capabilities for travel payments.
- AmtravcoreTravel partner providing virtual credit card solutions for corporate travel payments including air, rail, hotel, and car rental.
- SAP Concur (Travel)coreTravel management integration partner for SAP Concur, enabling seamless travel payment automation.
- WyndhamcoreTravel partner providing hotel payment solutions through virtual credit cards.
- Referral Partner ProgramcorePartners without AP automation specialization can include Edenred Pay's corporate AP automation solutions with current offerings. Generates revenue based on virtual card volume spend with training, sales support, and co-marketing provided.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
Edenred Pay competitors and assessment
Company assessmentBroad incumbents
- SAP Ariba: SAP Ariba is the dominant source-to-pay platform serving large enterprises, with deep invoicing and payment capabilities. An incumbent that competes indirectly with Edenred Pay's invoice automation and is also a strategic ERP integration partner.
- Coupa Software: Coupa offers a broad source-to-pay suite including invoice automation, virtual card payments, and procurement. A larger incumbent with overlapping capabilities to Edenred Pay but positioned as a broader spend management platform rather than a focused AP/payments vertical specialist.
Direct peers
- Tipalti: Tipalti offers a global payables automation platform covering supplier onboarding, invoice capture, approval workflows, and payments including virtual cards. Direct competitor to Edenred Pay across SMB and mid-market AP automation with similar AI-driven invoice capture.
- MineralTree: MineralTree provides AP automation and B2B payments (including virtual card payments) for mid-market companies. Direct competitor to Edenred Pay's integrated payables and virtual card modules.
- WEX: WEX is a leading commercial fleet card and B2B payments provider comparable to Edenred Pay's Fleet and Fuel Cards product. Public company with significant scale in fleet payments across multiple geographies.
- AvidXchange: AvidXchange provides AP automation and bill payment solutions focused on mid-market and enterprise. Closest direct peer to Edenred Pay's invoice-to-pay platform, including virtual card payment functionality, with overlapping industry verticals like real estate and healthcare.
- Stampli: Stampli is an AI-driven AP automation platform with collaborative invoice management and payments. Competes with Edenred Pay in invoice capture, workflow, and ERP-integrated payments, particularly in mid-market segments.
- Bill.com: Bill.com is a leading AP automation and B2B bill pay platform serving SMB and mid-market customers. Directly comparable to Edenred Pay's invoice-to-pay automation, though Edenred Pay skews larger enterprise and more vertical-specialized.
Emerging players
- Brex: Brex provides corporate cards, bill pay, and expense management for businesses. An emerging player competing for the same AP/payments wallet share, though more focused on tech-forward mid-market customers than Edenred Pay's verticalized enterprise base.
- Ramp: Ramp is a fast-growing corporate card and spend management platform with bill pay and AP automation features. An emerging player that increasingly overlaps with Edenred Pay's virtual card payments and integrated payables offerings, primarily in the mid-market.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Edenred Pay social profiles
Digital presenceEdenred Pay compliance and trust
Trust signalCompliance4 records
Edenred Pay financial estimates
Financial estimateRevenue estimate
Valuation estimate
Edenred Pay leadership team
Management profileNumber of profiles
Edenred Pay funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Edenred Pay 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 Edenred Pay
What does Edenred Pay do?
Edenred Pay provides a cloud-based invoice-to-pay automation platform that captures invoices from any source (paper, email, portals, EDI), applies AI-powered data capture and GL coding, routes invoices through configurable digital workflows, and executes vendor payments via virtual cards, ACH, Premium ACH, or checks. The platform integrates with 350+ ERP and accounting systems and includes fleet and fuel card capabilities with direct Mastercard and Visa processing. It is sold on an enterprise subscription basis, with revenue also generated through virtual card transaction rebates earned by the company on qualifying spend.
Is Edenred Pay a public or private company?
Edenred Pay is a private company. It is classified as corporate owned and is currently operating.
When was Edenred Pay founded?
Edenred Pay was founded in 1989. It employs 101 to 250 people.
Where is Edenred Pay based?
Edenred Pay is headquartered in Bonita Springs, United States, in the North America region.
How does Edenred Pay make money?
Four revenue lines are on record. Virtual Card Transaction Rebates are the primary driver. The others are invoice-to-Pay Platform Subscription, partner Program Licensing and fleet and Fuel Card Services.
Who are Edenred Pay's main competitors?
Broad incumbents on record are SAP Ariba and Coupa Software. Direct peers are Tipalti, MineralTree, WEX, AvidXchange, Stampli and Bill.com. Emerging players are Brex and Ramp.
Does Edenred Pay have an API?
No public API is recorded for Edenred Pay.
What industry is Edenred Pay in?
Edenred Pay's product category is B2B Payments / Accounts Payable Automation. Its primary akta.pro industry code is BPAMAFAF, Bill Pay, Invoicing & Payables Platforms, with a secondary code of FSAGABAE, Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure. Its NAICS code is 513210 and its SIC code is 7372.