It’s not uncommon for corporations with a minimum of several million dollars in yearly revenue to provide employees, at least certain employees, with a corporate credit card. Corporate cards are often an integral component of expense management policies, but at the same time, there can be challenges that come with them at least in terms of tracking spending for a large number of employees. There are some things to know before issuing corporate cards or updating a card policy. The following are some things CFOs and other finance team leaders should keep in mind when it comes to corporate cards.…
What To Know About a Corporate Card Policy
