{"id":3996,"date":"2021-11-03T06:23:51","date_gmt":"2021-11-03T06:23:51","guid":{"rendered":"https:\/\/www.itilite.com\/?p=3996"},"modified":"2025-04-01T06:41:32","modified_gmt":"2025-04-01T06:41:32","slug":"benefits-corporate-travel-cards","status":"publish","type":"post","link":"https:\/\/www.itilite.com\/in\/blog\/benefits-corporate-travel-cards\/","title":{"rendered":"6 Benefits of Using Corporate Travel Cards in Your Travel Program"},"content":{"rendered":"
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Are business trips frequent in your company? Do you keep shelling out thousands of dollars for business travel? <\/p>\n\n\n\n

We understand controlling expenditure and maintaining compliance becomes difficult when employees travel frequently, especially when they use their cash or personal credit cards for expenses, and ask for reimbursement later. Moreover, the use of personal credit cards may lead to an increase in fraudulent expenses, over-spending, and employee dissatisfaction.<\/p>\n\n\n\n

You can resolve all these issues by implementing corporate credit cards in your travel program. It gives employees freedom as well as helps finance managers monitor the expenses. Also, you can integrate business travel cards into your travel and expense management software for easy reconciliation. <\/p>\n\n\n\n

Interested in knowing more benefits of using corporate travel cards in your travel program? Read on!     <\/p>\n\n\n\n

What are Corporate Travel Cards?<\/h2>\n\n\n\n

Business travel cards are credit cards issued to employees to spend on authorized expenses during business travel. They are issued directly to your company and you can have your employees\u2019 names printed on them. The company is responsible for clearing the payments in each billing cycle and managing the expenses of individual employees, once the account has been opened.<\/p>\n\n\n\n

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6 Benefits of using Corporate Travel Cards <\/h2>\n\n\n\n

Here are some reasons why you should allow employees to have corporate cards<\/a>: <\/p>\n\n\n\n

1. Better spend control and visibility<\/h3>\n\n\n\n

Not having defined spend limits and reviewing expense reports based on receipts are two main challenges for finance managers. Also, they do not get complete visibility over the actual business spending when employees use their personal credit cards and submit one statement covering the entire expenses of the trip. <\/p>\n\n\n\n

With corporate travel cards, you can set a spending limit on the credit card, or on each transaction, before handing it over to the employees. Also, you can validate expenses as you have complete visibility over the spending. You can view each and every transaction and pull up details of any transaction from your travel and expense management software<\/a> if needed.<\/p>\n\n\n\n

While corporate travel cards can simplify expense management, a comprehensive travel management platform can help businesses achieve even greater cost efficiencies. To learn more, check out this page on cost savings.<\/p>\n\n\n\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\"New\n\t\t<\/a>\n\t\t<\/span>\n\t\t