Comprehensive controls support purchasing guidelines, data for reconciliation and reporting for E12overall vendor and expense management.
First Data Advantages
For larger enterprises T&E expenses are a costly management challenge. The First Data Commercial Card can offer customers more effective spending controls, lower risk of employee misuse and data analysis that helps in negotiation of more favourable terms with suppliers.
- Support acceptance of Visa® and MasterCard® cards globally
- Flexibility—Clients can define rules on card usage, statements and authorisations
- Cashflow—The introduction of departmental cost codes and flexible billing to tie in with how they pay suppliers to enable better cash flow management
- Risk Control—Clients can take control of fraud management via the imposition of limits on spending and exception monitoring
- Expense Management System through 360Control or Smart Data