The Corporate card provides sophisticated reporting. The card is primarily used for travel and entertainment. Employees typically complete their own expense reports. The average number of cards utilized by a company is 500. Often, thousands of cards are issued to a company.
Companies managing complex purchase orders utilize the card.
Reporting is sophisticated and very detailed. A multitude of restrictions and controls can be implemented. However, the restrictions and reporting features are only as good as the merchant terminals being used at the point of sale. A Fleet card is another card utilized by businesses. A fleet card carries a private label and is used primarily for fuel and transportation maintenance.