Make Your Commercial Card Work Harder For Your Business
A commercial credit card is a powerful tool for your day-to-day business. Find out how to maximize all of the benefits of your commercial credit card.
A commercial credit card is a powerful tool for your day-to-day business. When you use it to your advantage, you can streamline business expenses, monitor spending and enjoy a number of other perks. Find out how to maximize all of the benefits of your commercial credit card.
Track Business Expenses
Using a commercial credit card is one of the easiest ways to allow multiple people in your organization to make business purchases that are easy to track. There’s no need for employees to submit expense reports and wait for reimbursement. This can reduce paperwork and help promote transparency in your business. You and your employees also save time with less check-writing and fewer purchase orders and invoices.
With the tracking tools available on your card, expense information is right at your fingertips, categorized just how you need it. With an Amegy Bank Commercial Card[cite::1501::cite], your cardholders have access to an app-based Mobile Expense Management tool that streamlines the process of entering and tracking expenses, including electronically stored receipts. You can see how spending stacks up across different business units and plan your budgets accordingly. Reviewing these spending categories can also help you spot tax-deductible expenses so you’re prepared for tax season.
Customize Your Program
Every business has different needs, and you can design your commercial card program to suit your organization. You can set employee-specific spending controls on purchase amount, number of transactions, types of suppliers and other criteria for any spending category, in any combination. And when you want to change purchasing authorization and spending criteria, you can do it quickly across the entire platform. In addition, you choose the billing cycle and billing structure that work best for your business. Learn more about the benefits of using a commercial card to streamline spending.
Maximize Revenue Share Back
Commercial cards offer revenue share back to the company with increased revenue share tiers based on spend and more frequent repayment throughout the month. If you travel often, be sure to take advantage of features such as auto rental insurance coverage, travel accident insurance, concierge services, , and travel and emergency assistance.[cite::2005::cite]
Monitor for Fraud and Misuse
Our Mobile Fraud Alert Service[cite::2006::cite] reviews how and where your card is used, helping you react to fraud fast with a simple text reply. The goal is to detect and stop potential fraud if abnormal patterns are identified. Rest assured that distributing commercial cards to employees does not increase risk to your company, thanks to Visa’s® Liability Waiver Insurance[cite::2005::cite] policy protecting you from employee misuse for up to $100,000 per card.
With Amegy Bank, you can control every aspect of business spending with card management, payables automation and reporting tools. Plus, you have a dedicated support team and consultative account management. Learn more about choosing the right commercial card solution for your business.