Corporate card management

Corporate card management involves overseeing company-issued credit or debit cards used by employees for business expenses. It includes setting spending limits, monitoring transactions for accuracy and compliance, and ensuring expenses are properly documented. Effective management helps control costs, prevent fraud, and streamline expense reporting. Companies often use specialized software or systems to manage these cards, providing visibility and control over employee spending while simplifying reimbursement processes. This approach ensures expenses align with company policies and budgets, promoting financial accountability and efficiency in business operations.