Leveraging the Economics of Corporate Credit Cards

Sponsored By Oversight Systems

Topics:

Finance & Risk Management

Technology > IT Security

View White Paper now

Free registration is required

Abstract:

Corporate cards deliver tremendous economic benefit to companies, in terms of expanded buying power and ease of use – not to mention card-issuer incentives. But along with this distributed buying power come challenges, such as ensuring adherence to purchasing and expense policies, as well as detecting misuse and fraud. Individual violations can be small, but the total can be significant. As a result, many companies are beginning to employ continuous monitoring, or continuous fraud analytics, as a method for overcoming these challenges so that they can safely expand the use of corporate cards to maximize program value. Corporations with high-volume corporate card programs have found that eliminating fraud and policy violations within the distributed buying model relies on two key elements: a crosssystem view of enterprise data; and the ability to analyze every corporate card transaction, in near real-time.

DETAILS

Sponsored by: Oversight Systems

Posted: October 13, 2008

Length: 8 pages

Format: PDF (323 kb)

Email this abstract

These white papers are not created by the CFO.com editorial staff. In order to view these papers, you must register with CFO.com and agree to share your contact information with related product/service companies.

Search White Papers