Improved cash management

• Eliminates the need for cash floats, advances or petty cash
• Generates positive cash flow:
  - payment for services can be collected before the Business Card bill is settled
  - settlement of a Business Card account is made later than cash or cheque payments to suppliers
• Avoids the need to pre-fund business expenses, charging them instead to the Business Card as they arise.

Simplified administration

• Separates business expenditure from personal expenditure
• Provides one simple, streamlined system for paying bills
• Frees up time and resources
• Reduces the expense of producing multiple cheques
• Offers a choice of billing options
• Eliminates the need to negotiate credit agreements with suppliers
• Eases the task of compiling year-end taxation returns.

Improved control of business expenditure

• Monitors expenses and limits abuses by setting spending limits at the individual cardholder level
• Cuts the cost of foreign currency transactions as Business Card FX rates are more attractive than those available for cash
• Controls spending types and levels through the Business Card Annual Spend Analysis report
• Provides valuable input to the budgetary process through the Monthly Statements and Annual Spend Analysis reports
• Supports negotiation of preferential rates or discounts with suppliers with data from the Annual Spend Analysis report.