How It Works
From payment request to supplier paid. Under three hours.
Candex handles every step between your AP team's payment request and the supplier receiving funds. Tax form collection, identity verification, withholding rule application, cross-border transfer. Your team submits one form. Everything else is automated.
The Process
Three steps. Your team does one.
Candex automates the compliance-intensive work that currently makes first-supplier payments take weeks.
Submit a payment request
Your AP team enters the supplier name, invoice amount, country of residence, and the invoice. No vendor record required. No ERP entry needed before payment.
Takes under five minutes per supplier. Works for any country we support, any currency, any invoice amount within your plan's transaction limit.
Candex handles compliance
We contact the supplier, collect the appropriate W-8 or W-9 form, verify their identity through our Know-Your-Business check, apply the correct withholding rate based on their country and applicable tax treaty, and screen the payment against OFAC sanctions lists.
Your AP team gets status notifications. No manual follow-up required.
Supplier receives payment
Funds arrive in the supplier's preferred currency. If you are paying a South Korean consulting firm, they receive Korean Won. A UK contractor receives British Pounds. You authorize in USD; we handle the conversion at market rate.
A full audit trail is available for export to your ERP. Every document, every status change, every timestamp.
Compliance Coverage
Every regulatory requirement, automated.
Enterprise AP teams are responsible for getting cross-border supplier payments right the first time. Candex covers each compliance obligation so your team does not have to manage it manually.
- W-8 BEN, W-8 BEN-E, and W-9 form collection for all supplier types
- Tax treaty lookup and withholding rate application by country and entity type
- OFAC and FinCEN sanctions screening on every payment
- Know-Your-Business supplier identity verification
- Beneficial ownership collection for corporate suppliers
- Complete audit trail exportable to CSV or JSON for your ERP
- 1099 and 1042-S annual reporting preparation data
ERP Compatibility
Fits into your existing procurement stack.
No custom middleware required. Candex exports structured CSV and JSON data that maps to your ERP's vendor and payment records. Your team authorizes payments in Candex; the audit trail drops into your existing system of record.
ERP-ready data export. Not a certified integration.
Run your first supplier payment. No contract required.
Request access and see how fast an international payment can clear when compliance is automated.