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April 7, 2025
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Corpay Expands Presence in Education Market, Strengthens Partnership with NBOA

Corpay Expands Presence in Education Market, Strengthens Partnership with NBOA

Strategic collaboration supports independent schools with automated financial solutions.

ATLANTA, GA. and NEW YORK, NY – (DATE) – Corpay, a global leader in business payments, is pleased to announce its expanded partnership with the National Business Officers Association (NBOA) to help independent schools streamline financial operations, enhance security, and reduce administrative workloads. As a key resource for school business leaders, NBOA plays a vital role in advancing financial and operational excellence, and this collaboration strengthens Corpay’s commitment to supporting that mission.

“We are excited about the expanded capabilities that Corpay can offer, such as their own purchase card program that integrates with our accounting system,” said Jenn Quindoza, Controller at Collegiate School. “Through the transition and beyond, we are looking forward to the same high level of customer service we have become accustomed to throughout our 12-year relationship.”

Corpay, an S&P 500 company, specializes in intelligent spend management solutions, offering services such as AP automation, commercial card programs, and expense management. As the number-one B2B commercial Mastercard® issuer in North America, Corpay prioritizes enhanced visibility, control, and fraud risk mitigation through a robust security and compliance infrastructure.

NBOA is dedicated to supporting independent school business officers, providing expertise, resources, and best practices to help schools navigate financial challenges. Through this partnership, NBOA members will gain access to Corpay’s AP automation solutions, which integrate seamlessly with ERP and accounting systems, automating the full procure-to-pay lifecycle, including purchase order automation, invoice ingestion, approval workflows, and secure payment processing.

"Corpay has built a premier brand in the education market, and we’re thrilled to deepen our partnership with NBOA," said Sven Hinrichsen, President and General Manager of Corpay’s AP Automation business. "By eliminating inefficiencies in school business offices, we help finance teams focus on strategic priorities that advance their institutions."

About Corpay

Corpay (NYSE: CPAY) is a global S&P 500 corporate payments company that helps businesses and consumers manage and pay expenses in a simple, controlled manner. Corpay’s suite of modern payment solutions help its customers better manage travel expenses (e.g. hotel bookings) and accounts payable (e.g. paying vendors).

Through its unified spend management platform, Corpay Complete, Corpay offers a range of solutions including Payments Automation, Invoice Automation, Procure-to-Pay, Expense Management, and Commercial Card programs. These solutions empower clients to automate, secure, and streamline business payments while reducing overall costs. An S&P 500 and Fortune 1000 company, Corpay processes 1.9 billion transactions annually and is the #1 B2B commercial Mastercard issuer in North America.

This results in our customers saving time and ultimately spending less. Corpay – Payments made easy. To learn more visit www.corpay.com.

Press Inquiries:

Scott Wilson, Director Relationship Manager, Corpay

scott.wilson@corpay.com