It’s been well over a decade since two roommates in San Francisco threw an air mattress on their living room floor and, almost by accident, launched Airbnb: the “house sharing” platform now used by millions of travelers around the world. Airbnb’s early audience was mostly budget-minded vacationers looking for a cheap place to crash. These
Accommodating Airbnb Into Your Business Travel Read More »
A typical worry for managers of commercial credit card programs is that the cardholders will use their commercial cards when they shouldn’t be. But the opposite can be a problem as well: that being, the employees who, for whatever reason, are not using their commercial cards, but instead are using their own personal credit cards
The Risks of Using Personal Credit Cards Over Commercial Cards for Business Expenses Read More »
A commercial card program (including any organization-issued credit card, such as procurement, purchasing or ‘P-Cards’, travel cards, and others) is only as strong as two things: whether your cardholders actually know how to use their card responsibly, and whether you, as the program manager, are doing your part to make sure that knowledge sticks. Following
Get back to the basics with these six best practices to preventing fraud in your global card program.
Tackling Fraud in Your Global Card Program Read More »
Training cardholders in your organization on how to follow policy can be tricky. This is true for both organizations with a P-Card program or those that issue Travel Cards, Fleet Cards, One Card, etc. Cut down on fraud and misuse by properly training employees, approvers, and program managers from the get-go. In our experience, it
Commercial Card Training: Best Practices Read More »
Aligning an organization’s purchasing policy with a card program is a vital step toward maintaining the financial health of your business. Card programs are ever-changing and policies should also reflect this change. Updated policies will help an organization to manage contract compliance, credit card security, as well as cardholder purchasing habits. To stay current with
A Card Program Best Practice: Aligning Policy with Card Program Read More »