Eliminating wasteful spending is an ongoing focus for card program directors and managers. While it is important to keep your eyes peeled for larger, unnecessary purchases, some smaller forms of spending, like sales tax, can still add up and cost the organization more money that could best be spent elsewhere. If your organization is tax
The Importance of Tracking Sales Tax Read More »
If you’ve spent any amount of time in purchasing, procurement, sourcing, or finance, you’re likely to be well acquainted with rebates. And even if not, most everyone who has ever owned a credit card is familiar with the concept. A rebate is an incentive that credit card providers offer, usually in the form of a
Maximizing Rebates: Don’t Spend More, Spend Wisely Read More »
In a post-COVID world, a sense of normalcy is beginning to return to business travel. That said, the impact of the pandemic is noticeable. The pandemic and its economic fallout may have shaken your confidence in spend for travel and expenses (T&E). Many organizations and corporate bodies remain frugal as the economy slowly works its
Maximize ROI for Travel Expenses Read More »
P-Cards, or Purchasing Cards, have become increasingly popular for businesses of all sizes to streamline procurement and reduce costs. However, with this increase in usage comes the responsibility of regularly reviewing receipts to ensure compliance and accurate reporting. Why Reviewing Receipts Makes a Difference Regularly reviewing receipts can become a full-time effort when the pile
7 Best Practices for Tracking Questionable Receipts Read More »
For any organization that issues commercial cards, cardholder training is a must to help ensure compliance and reduce fraud and misuse. Whether you have a P-Card program, or issue Travel or Fleet Cards, here are some of the best practices for effective training to help set the tone for employees, as well as approvers and
Cardholder Training – 8 Best Practices to Start Using Right Now Read More »
