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How SMBs Prepare For A New Era Of Employee Expenses

PYMNTS

There are several ways that T&E tools account for this. One of the most popular is to link a T&E solution to a corporate card product to facilitate integration of payment information; another strategy is to allow for employees to use personal payment methods and capture data after the fact to facilitate expense reimbursements.

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Corporate Travel Spend Isn’t Digitizing As Fast As Some Would Like

PYMNTS

.” Researchers found that most corporate travel buyers (56 percent) in the U.S. use a central travel account (CTA). Also known as a “ghost card,” this payment tool enables travel suppliers to bill a company’s master credit card account used by multiple employees.