Business Spending: How Do Corporate Credit Cards Work?
Are you still on the fence about getting corporate credit cards for your employees? Are you still paying per diem in cash and keeping folders and folders of physical invoices?
Corporate credit cards can be a great way to digitalize the way your business spends money. This is great as modern technology allows you to keep accurate track of your business expenses in real-time. If you are thinking about getting a corporate credit card for your company, read on to help you find the best corporate credit card for your business.
3 Benefits of Using Corporate Cards
Corporate cards can be used for both large and day-to-day purchases. To show you how useful and versatile corporate credit cards can be, here are three major benefits of using corporate cards for your business:
1. Empower Your Employees
Handing an employee a corporate card can be scary. However, this is a great way to empower staff to take responsibility in the business. From using the corporate card for office supplies or per diem, handing over a card can help build trust and productivity within the organization.
2. Keep Track of All Your Business Expenses
While many may still say that cash is king, it’s incredibly difficult and complicated to handle. Cash often means that you will need to keep track of endless receipts and manually account for all your business expenses. Using a card makes that entire process simple, effortless, and digital. You can learn more about Bento’s digital platform and services here.
3. Fast and Contactless Payments
Cards also allow you to make payments a lot more efficiently. With virtual and physical cards offering NFC contactless payments, you can simply tap the card on a compatible receiver to complete your contactless payment. These payments are instant and will reflect on the corresponding app or wallet immediately.
How To Choose the Best Corporate Credit Cards?
When choosing a corporate credit card for your business, it’s important to consider how the corporate card will work with other systems your business uses. This is why complete solutions such as Bento for Business are so popular as they offer both the corporate card and the business software for you to make the most out of it.
In addition to this, look out for the most convenient option as well. Many banks and credit card companies may try attracting you to their products with rewards and sign-up bonuses. However, it can be incredibly difficult to qualify for their credit products let alone their bonuses.
Customized Bento Corporate Credit Cards
For the best corporate credit cards that come with industry-leading software, look no further than Bento for Business. Bento offers customizable corporate cards that are compatible with both Google Pay and Apple Pay. Bento also provides you with unlimited virtual cards so that you can empower your staff while still keeping an eye on business spending digitally.
Bento offers a wide range of services from corporate cards to invoice and account analytics and reporting. To learn more about Bento and the amazing services they have on offer, feel free to visit its website.
