What are the key business and legal terms that have been pre-negotiated between globalVCard and the Fortress procurement team? What are the benefits of going through this arrangement versus contracting directly?

The Fortress procurement team has vetted globalVCard’s customer facing agreements and numerous modifications have been made to meet their criteria. Further, Fortress has negotiated best-in-class virtual card rebate terms for Fortress affiliates along with extremely competitive costs for ACH, wire, and check payments when needed. The virtual card rebate alone can generate a meaningful new source of revenue to your organization, while improving AP efficiency and security.