- Centralized company billing and payment
- Individual cardholder billing with centralized company payment provides cardholders with a list of all related transactions for verification purposes
- Individual cardholder billing with individual payment
Depending on a company’s expense reporting practices cardholders may or may not require a monthly statement. By having a choice of three different options a company can chose the solution that works best within their organization.
Card charges can be assigned to specific accounts, posted to a general ledger and consolidated on one or more statements. The accounts payable department pays for all purchases with one cheque instead of issuing individual cheques to employees or multiple vendors.