Corporate Cards Overview
Travel and Entertainment (T&E) Cards
Common Uses: Flights, hotel stays, car rentals, meals, and client entertainment.
Benefits: Streamlines expense reporting, helps track travel budgets, and provides travel-related rewards and insurance.
Purchase Cards (P-Cards)
Common Uses: Office supplies, equipment, and services.
Benefits: Simplifies the procurement process, reduces the need for purchase orders, and improves spend visibility and control.
Meal Cards
Common Uses: Daily meal expenses, especially for employees who travel or work off-site.
Benefits: Enhances employee satisfaction, simplifies meal expense tracking, and can be tax-efficient in some regions.
Fuel Cards
Common Uses: Fuel purchases, vehicle maintenance, and repairs.
Benefits: Helps manage fleet expenses, provides detailed fuel usage reports, and offers potential discounts on fuel.