In an increasingly digital and dispersed workforce, purchasing cards are primed to become more widely used, making a solid p-card program essential.
Business Credit Cards
Good news: Tracking expenses and saving money on the road can get a whole lot easier.
Right now, health and safety are major concerns in the business travel sphere, making contactless payments an appealing option for companies.
Keep a close eye on your corporate card provider. Some are planning to make changes to their fees that’ll affect how much your company has to pay.
They’re one of the biggest perks of using a corporate credit card: cash back in rebates. But is your company getting every dollar it’s entitled to? Maybe not. Data from the GBTA Foundation found that many of your peers don’t have a handle on this: 92% of companies had rebate agreements in place with their […]
Employees often use corporate cards for travel and other business expenses, but does your finance team know the true cost of this payment method?
A corporate credit card remains a great way to streamline purchases, monitor spending and earn cash back in rewards. It can also open the door to financial funny-business. Unfortunately some less-than-honest employees will abuse cards to use them to cover personal expenses. And while you and your team likely comb through those statements carefully, there […]
Rising transportation costs are hitting businesses, and the inflated shipping costs are too great for many companies to shoulder. But if you think the only move is to bump up prices, think again.
No better time to make sure everyone carefully follows your company’s purchasing card controls. Just ask Delaware State University (DSU). In a recent audit of the school’s 6,116 p-card transactions, 487 seem to violate the policy restrictions. The cost of that lack of compliance? $208,540. The audit report uncovered a whole host of weaknesses in […]
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