Cardholder Training Cardholder training acts as a great first step in fortifying your card program. Training is one of the most vital controls your commercial card program can implement from the beginning of the cardholder journey. Providing your cardholders with quality training materials and resources will allow them to see, absorb, and truly learn how […]
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Having a reliable corporate travel policy in place is essential for organizations of all sizes. Travel and Entertainment (T&E) expense programs allow companies to manage expenses incurred by employees who are traveling for business purposes or entertaining business relationships. While T&E expenses can range from money spent on lodging, transportation, and meals, monitoring these costs
Four Ways Corporate Travel Policy Challenges Can Hurt Your Budget and Transparency Read More »
Preventing fraud and increasing spend visibility are ongoing challenges that card program managers and auditors face regularly. Detailed purchasing information, accessible through Level III data, provides the most visibility for an accurate view of the purchase. While using merchant category codes is a common practice to help identify purchases, it’s not always accurate or relevant to
Level III Data vs. MCCs: How to Maximize Spend Visibility Read More »
Expense management is a critical component of any successful business. Keeping track of travel and entertainment expenses (T&E) can be a challenging task for many organizations. In this video, we provide valuable insights to help you streamline your expense management process and ensure compliance with company policies. To discover more best practices for T&E expense
Mastering T&E Expense Management: A Guide to Best Practices Read More »
AP departments can easily become overburdened when it comes to managing and paying invoices and handling other transactions. While some departments face limited resources such as low staff and underfunding, many are trying to manage a large uptick in cardholders and invoices. Whether you are dealing with these issues, split transactions, or double dipping, there
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Business travel is essential to grow professional connections, attend industry events, and find new business opportunities. That said, Travel and Expenses (T&E) monitoring can be challenging. It’s important for auditors to ensure approved suppliers are being used to book travel as well as enforcing travel expense categories and limitations. Whether you’re in a busy travel
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