How Order.co Is Modernizing Procurement and Spend Management at Scale

How Order.co Is Modernizing Procurement and Spend Management at Scale

Payments Dive
Payments DiveApr 6, 2026

Companies Mentioned

Why It Matters

The solution gives enterprises real‑time spend governance and near‑instant payment processing, reducing operational costs and fraud risk while supporting rapid growth.

Key Takeaways

  • Order.co replaces manual purchase orders with automated workflow
  • Lithic provides real‑time authorization rules for spend control
  • Scalable virtual card issuance supports hundreds of thousands of transactions
  • Direct Mastercard connection yields faster processing data
  • 99.99% uptime ensures uninterrupted procurement operations

Pulse Analysis

Traditional procurement systems were built for centralized purchasing departments, leaving frontline employees to navigate cumbersome purchase‑order forms, paper invoices, and delayed reimbursements. As organizations expand across multiple locations, these legacy processes create bottlenecks in accounts‑payable, inflate operational overhead, and expose firms to compliance gaps. The shift toward distributed workforces has accelerated demand for cloud‑native spend‑management tools that can enforce policy without sacrificing speed. In this environment, Order.co emerged to simplify ordering, consolidate billing, and provide real‑time visibility, but it quickly hit two scaling constraints: automated spend controls and high‑volume payment processing.

Lithic’s payment infrastructure, backed by a direct physical link to the Mastercard network, supplied the missing pieces. Its API enables Order.co to generate both single‑use and multi‑use virtual cards at scale, delivering hundreds of thousands of cards annually without manual provisioning. Granular authorization rules let companies set transaction‑level limits, routing, and approval workflows that align with internal policies, while built‑in 3D Secure authentication reduces fraud without adding friction. Managed dispute handling and 99.99% uptime further remove operational risk, allowing Order.co to focus on user experience rather than back‑office reconciliation.

The partnership signals a broader trend: procurement platforms are converging with modern payment rails to become end‑to‑end spend solutions. Enterprises that adopt such integrated stacks can expect lower processing costs, faster order fulfillment, and tighter compliance, which translates into competitive advantage in fast‑moving markets. As virtual card technology matures and APIs become more ubiquitous, we can anticipate even richer automation—such as AI‑driven spend analytics and predictive budgeting—built on the same reliable foundation Lithic provides today.

How Order.co is modernizing procurement and spend management at scale

Comments

Want to join the conversation?

Loading comments...