Fleetcor Technologies Inc., a provider of corporate payment and fuel purchasing solutions, has agreed to buy Nvoicepay Inc., a provider of accounts payable automation technology, according to a company release.

More than 400 businesses use Nvoicepay solutions to make electronic payments to their suppliers. Fleetcor provides corporate cards and virtual cards to corporate clients.

"The addition of Nvoicepay to the Fleetcorp Corporate Payments portfolio enables us to manage full disbursement of accounts payables for businesses," Kurt Adams, group president of corporate payments at Fleetcorp, said in the announcement.

Ron Clark, chairman and CEO of Fleetcor, said the combination of Nfoicepay with previously acquired companies Comdata and Cambridge will create one of the most comprehensive international and domestic AP payment solutions on the market.