Case Study: Utility Billing Management Company achieves 48% card revenue growth with Edenred Pay

Utility Manager Moves AP Program to Fintech Increases Card Revenue by 48%

Utility Billing Management Company, a provider of utility billing and management solutions, was struggling to optimize its accounts payable and monetize spend under a traditional bank provider. They engaged Edenred Pay to modernize AP using a fintech payment platform and API to enable virtual card, ACH and check payment routing.

Edenred Pay implemented a custom API integration with the company’s ERP to enable automated payment decisioning and virtual-card processing, onboarding the program in under 10 days. The result: card volume rose 28% in the first 30 days (with an additional ~20% shortly after), card revenue increased 48% (and growing), and the company realized reduced check spend, lower labor costs and a streamlined AP operation thanks to Edenred Pay’s solution.