Manage with superior information

American Express can provide you with the highly accurate and comprehensive data you need to achieve global supplier efficiencies, improve strategic commodity management and enforce purchasing policy compliance.

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DATA CAPABILITIES

Data Accuracy

American Express data capture and reporting procedures have proven to be nearly 50% more accurate and reliable, on average, than processes used by bank issued card providers. Our exclusive, closed-network operating structure enables us to capture enhanced data at the point-of-sale. This ensures the integrity of data from the point of sale to report delivery. A study conducted by the McDonough Consulting Group (USA) showed that American Express data accuracy is 98%, compared to 66% for bank issued cards1.

1 McDonough Consulting, 1998, USA.

REPORTING CAPABILITIES

Enhanced Data

As a result of our proprietary network, American Express has direct relationships not only with our Cardmembers and customers, but also with each merchant that accepts the Card. This enables us to maintain an extensive database of Cardmember, supplier and point-of-sale data. This is used to provide a wealth of data to help you manage your procurement program more efficiently.