Get paid faster

with PELOTON Virtual card

Suppliers get fast, flexible, and secure payments.

Micah Mahnke

Sr. Director Procurement Operations

Peloton Interactive

Message from Micah Mahnke, Sr. Director Procurement Operations, Peloton Interactive

Simplifying the buying and payment process, resulting in expedited payments for time sensitive commitments, is top of mind when it comes to working with our suppliers. As we grow, we are continuously looking for ways to become more efficient and have launched an optional new payments program with Coupa and American Express to increase transparency and get you paid faster. This program is available for our US and Canadian suppliers.

Getting started only takes 15 minutes:

1. Join our Coupa Supplier Portal to submit invoices and have a dashboard view of all Purchase Orders and payment statuses

2. Enable Coupa Pay to accept American Express credit card payments and shorten the payment cycle

We would encourage the person responsible for cash managemen (CFO, Controller, or Accounts Receivable), to review this program and activate their free Coupa account. If you have questions, our team is ready to help you at [email protected].

Thank you for your continued partnership with Peloton.

Best,

Micah Mahnke

A better way to get paid

Get paid faster. No more waiting for checks to arrive in the mail and clear.

Drive customer success. Let them pay you the way they want to pay.

Automatically accept corporate credit cards and get paid instantly.

Benefits

No subscriptions, hidden fees or costss

Works with your existing merchant account, and Coupa doesn’t charge you anything for it. If you don’t have a merchant account, we’ll work with you help you set one up.

Greater Payment Visibility

Online Remittance Advice makes closing your books a breeze with instant e-invoicing reconciliation for greater visibility and compliance of customer payments.

Instant Settlement with straight-through invoice processing

Receive instant online invoice payments from anywhere, any customer and in any currency around the world. For touchless card processing, connect an existing or new Stripe account.

How it works

1

Get notified

You’ll receive a secure email with a virtual card

2

Charge your card

Charge the card just like a physical card using your existing merchant account.

3

Go to payments tab

Depending on whether this is a card payment on an invoice or a PO, you’ll be able to see the payment status in the Invoice Payments or the PO payments tab.

Don’t just take our word for it

“Before Coupa Pay, there were many time-consuming steps that our team had to take to pay our suppliers. With Coupa Pay, the process is now much simpler and we’ve gained time back to focus on more strategic projects that are valuable to the business”

Alison Bussett Senior Director, Accounting and Controller, Odonate

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