Case Study: Barclaycard achieves faster supplier payments and improved working capital with Fraedom

Barclaycard - Customer Case Study

Barclaycard needed a way to give its business customers a single platform to manage all corporate spend and to fix slow, error-prone accounts payable processes that hurt cash flow and supplier relationships. Working with Fraedom, Barclaycard launched Barclaycard Spend Management (BSM) to provide integrated spend visibility, advanced payables functionality and better cash management for corporate customers.

Fraedom powered BSM Payables by delivering dynamic, zero‑limit supplier cards that are funded only when approved invoices are uploaded, plus ERP integration, automated reconciliation and process automation. The result was faster, assured supplier payments without immediate cash outflow (extending payment terms by up to an extra month), reduced invoice-processing costs, improved working capital and fewer payment failures — benefits already being realized by several large and medium-sized customers using the Fraedom-enabled solution.

Barclaycard