Expense Management

A CFO’s Guide to Expense Payment Methods

Many companies and employees reply on corporate credit cards to handle travel and other business-related expenses.

In fact, the 2017 Business Travel Payments Study from the Global Business Travel Association (GBTA) and AirPlus International reports that 9 out of 10 travel programs use corporate cards as their primary payment method for business travel.

While electronic payments such as corporate and virtual cards are more efficient and cost-effective than other methods of payment, organizations need to be aware of late fees, interest charges, and other costs.

Download the whitepaper to learn the benefits of various methods of expense payments