People who represent your company's image to the public or who are often in the position to buy client gifts or work events should have a corporate credit card to deal with these situations. While credit cards aren't always a necessity for managers, they can come in handy for morale-building instances such as employee luncheons or going away gifts. Department vs. Individual Accounts. Some employees are in charge of major purchases. Those items can usually be handled through management and corporate accounts.
Most clients are so wealthy and famous that security is of the utmost importance.
Always have a plan in place so the issue is taken care of swiftly and by the appropriate person. Here, the individual is fully liable for all payments on charges they make. Both the individual and the company are partially liable for payment, in which case the company may have to cover the cardholder's debt if they are unable to pay for their charges. Here, the company takes full responsibility for charges and payments. In most cases, purchases will be business-related, so company liability may be logical.