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Why do so many companies choose American Express expense management solutions?
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When you ask employees to use personal credit cards for business expenses, they have to juggle corporate and personal expenses on a single card. That can be difficult for employees with limited credit access, such as recent graduates, and it can also make it harder for your company to manage expenses, since spend data is fragmented across multiple cards. With a tailored Commercial Card solution, you can determine spending limits, liability, and billing options, so you will have more control over employee spending. Plus, a corporate card makes it far easier to track spending and to ensure employees are working with preferred suppliers.
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When you give employees cash, you are relying exclusively on internal controls to regulate how employees are spending money and whether they are returning unused funds. Our Commercial Card solutions enable you to define clear spending limits up front and to reimburse only company-approved expenditures. They provide critical documentation for tax purposes, as well as for verifying the accuracy of transactions. Commercial Cards also can improve your cash flow by minimizing or eliminating the need for cash advances.
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Expense management is the core business of American Express. By working with the leading provider of Commercial Card solutions, your company can tap into a level of expense management experience and expertise that commercial banks simply cannot offer. Your partnership with American Express also enables your company to benefit from our global presence and capabilities. In addition, you can provide employees with the distinctive worldwide service and benefits of American Express Commercial Cardmembership.
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