Corpay delivers a fully integrated AP automation platform with robust fraud prevention, vendor onboarding, and rebate-generating payment solutions tailored for education. E&I members benefit from streamlined workflows, reduced manual processing, and enhanced security, all supported by dedicated implementation and account management teams.
The Corpay contract features enhanced automation, broad ERP integrations, and a more robust vendor onboarding process—delivering solutions that streamline expense-related purchasing and payment activities. With proprietary payment networks and integrated platforms, Corpay helps organizations save time and money by automating processes and enforcing specialized controls and permissions to reduce fraud, unauthorized spending, and processing errors. The digital payment platform increases efficiency and accuracy by automating data inputs and workflows, while comprehensive reporting and analytics empower smarter decision-making on all business spend.
Corpay promotes sustainability through cloud computing, data center efficiency, and waste reduction. It partners with vendors sharing green commitments and offers digital solutions to reduce paper use.
The E&I Economic Benefit Model™ (EBM) is a powerful tool that your institution can use to measure and communicate the overall value of its procurement activities. This benefit is derived from three key areas:
Using the EBM, each of E&I’s more than 215 competitively solicited contracts have been scored with a Total Economic Benefit™ (TEB) to member institutions.
The TEB of this Corpay contract is in the range of 0.0-0.0%.
Total Economic Benefit of this Contract:
0.0-0.0%
The Economic Benefit Model TEB is determined from baseline cost comparisons using historical data, competitive intelligence, market benchmarking, vendor quotes, and related criteria.
To learn more, visit EBM or contact your E&I Member Representative.
E&I contract documentation available on this site is being provided for use by E&I members only and shall not be distributed and/or shared outside a member’s institution. Sharing of contract documentation outside the membership of the Cooperative is detrimental to its members and the Cooperative, as it impacts E&I’s ability to negotiate and maintain competitive agreements.
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Complete and submit the Corpay Statement of Intent form. A Corpay representative will contact members in 2-3 business days to discuss needs and define the scope of Work, (SOW). Contact your E&I Representative at any time for assistance.
Supplier Direct
When ready to move forward, members will sign a Corpay Member Specific Agreement (MSA) to initiate services. Your E&I Representative is also available for assistance or follow up at any time.
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