With a corporate card an employee card

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If you use a corporate card to settle expenses, detailed data such as when, where, who, what, and how much money was spent will be automatically entered into the accounting software and expense settlement software, preventing human error. . In addition, since no cash is exchanged at all, it is possible to avoid the risk of trouble such as loss or theft of cash. Advantage 4. More cash flow In the case of cash payments, it would be burdensome for employees to pay all at once at the end of the month. Therefore, there are always payments from the account regardless of the time, and cash flow is difficult to stabilize.

With a corporate card, the expenses incurred by the fixed closing date each month will be withdrawn on the fixed payment date of the following month, so there will be a certain amount of grace between the date of use and the Cambodia phone number list date of payment. You can keep the amount in the corporate account constant until the payment date, so you can have leeway in cash flow. Advantage 5. You can distinguish between personal use and expenses When an employee uses a personal card issued by an employee to pay for expenses, the amount used by the employee for personal use and the amount used for expense payment will be mixed.




On the side of checking the card statement, it is difficult to distinguish whether it is for personal use or for expenses just by looking at it. It may lead to overuse. If you use a corporate card, you do not have to use the employee's personal credit card, so you can save the trouble of checking statements and prevent fraudulent use of expenses. Advantage 6. Additional services can be used Similar to personal credit cards, business cards also come with a variety of additional services.