Tuesday, July 13, 2010

What is a Company Credit Card?

A company credit card can be defined as a card to make all the necessary purchase on behalf of the company's business that can be use by all employees of the company. It is a convenient way to purchase. Some of the cards are specially designed for employees who often travel for businesses, so that all of the expenses can be covered by the company. However, such card should also followed with strict regulations, terms and conditions to avoid any misusage. It is better for a company who to want to issue such card to plan it carefully.

A great number of companies issue a credit card with certain names of their employees on it. This allows such employees to enjoy every facilities and offers on the cards. Yet, he must consult with his employer about that matter for certain. Some companies want to accumulate certain gifts or offers on a card as a bonus or certain qualified employee or simply to save some money on airline tickets, if the gift is frequent flyer miles.

Some companies are still to applying the reimbursement for every business expenses made by their employees recently. On this case, these employees should turn the receipts of each purchase. However, a company credit card turns to be more flexible and convenience.

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