Introducing Mastercard Track
Created in collaboration with Microsoft, Mastercard Track integrates with a business’s existing procure-to-pay processes to bolster third-party risk management, improve cash flow visibility, and reduce the costs of manualAccounts Payable/Accounts Receivable tasks.
Simplifies supplier compliance screening by sending risk management alerts from 4,500+ sanction, watch and law enforcement lists, as well as for 21,000+ adverse media sources. Mastercard Track also helps fight invoice fraud by centrally managing payment credentials and reduces payment status inquiries from suppliers by capturing payment timing and remittance details.
Streamlines payment tracking and cash flow management by consolidating payment status and detailed remittance data into a centralized portal, reducing the need to access multiple systems across customers. It also bolsters your KYC compliance including customer credit risk management.
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Global opportunities are great, until they result in supply chain gaps. Overcome these gaps with breakthrough technology and achieve end-to-end visibility and efficiency.
Businesses are becoming more agile and moving faster; increasing the demands on risk management. Help avoid gaps in your supplier risk management by transforming today.