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What to consider when choosing a corporate credit card program

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Brex explains that modern corporate card programs provide more spending power, greater control and visibility over spending, and automated expense reporting for employees.
The article from WHIO discusses key considerations for businesses when selecting a corporate credit card program. It highlights the importance of understanding the different types of corporate cards available, such as those tailored for travel, rewards, or cash back. Businesses should evaluate the rewards structure, looking for cards that offer benefits aligned with their spending patterns, like travel perks or cashback on office supplies. Fees are another critical factor, including annual fees, interest rates, and foreign transaction fees, which can significantly impact the cost-effectiveness of the card. The article also emphasizes the need for robust expense management features, such as integration with accounting software, detailed reporting, and customizable spending limits to control employee expenditures. Additionally, security features like fraud protection and liability policies are crucial to protect the company from unauthorized transactions. Lastly, the ease of application, customer service quality, and the potential for building business credit are also mentioned as important aspects to consider when choosing a corporate credit card.

Read the Full WHIO Article at:
[ https://www.whio.com/news/what-consider-when-choosing-corporate-credit-card-program/WGGNRIT4JZMDNFM2F73EEAIHSM/ ]