Enhanced Compliance



Enhanced Compliance

Better compliance with spending policies and procedures can mean converting missed opportunities into savings opportunities. On average, American Express Corporate Solutions boost internal compliance levels by 33%, delivering a major impact to the bottom line.*

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Reconciliation, Regulatory Compliance, Increased Visiblity

How can your organization monitor compliance? Preferred Supplier lists help to enforce compliance at the point of purchase, based upon business needs. Global Corporate Account Reconciliation boosts your organization's purchasing oversight after purchases are made. You can automate the entire reconciliation process by mapping, posting and integrating data into your company's financial systems.

Since transactions are posted daily, program administrators have insight into them at the Cardmember level. Spending irregularities can be flagged, and adjustments can be made, to minimize fraud and support internal policies.

And because compliance is not only a matter of budgets and contract management, American Express Corporate Purchasing Solutions were also designed to help you manage regulatory compliance as well as diversity spending requirements.

@ Work Online Program Management Tools Boost Compliance

American Express @ Work® Online Program Management is designed for Program Administrators to manage Card programs from a centralized point. Program Administrators can review charges to study trends, spot anomalies and instantly recognize out-of-policy charges. For more information on how online features help companies with compliance efforts, click here.
"Now, with all the Sarbanes-Oxley compliance that's necessary and all the extra work that our finance people are having to do, they're seeing the benefits of the Corporate Purchasing Card."
ON Semiconductor
*Accenture Study - The Role of Procurement Cards in the Source-to-Settle Process, 2007

Would you like to learn more about how our Corporate Purchasing Solutions can benefit your business? Contact Me
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