SAP Concur Pro Tip: The Benefits of Corporate Credit Cards

Your organization gains visibility into who spent what, where, and why every time an employee uses their corporate card to pay their invoices and expenses. By tracking every dollar spent, you’re able to generate insights to negotiate better rates with vendors. And approvals are faster, too, because verifying card spend is simple and straightforward—unlike when cash is used and you can’t see the whole picture. With corporate cards, employees, vendors, and teams can be on the same page about what’s owed because there’s much greater accuracy in reporting and no ambiguous or potentially fraudulent cash transactions. Knowing how and when to use cards vs cash is easier than you think and our best practices can help.