Corporate credit cards are a convenient and efficient way for University personnel to manage work‑related expenses, including for travel, entertainment or those other small value purchases that are needed to get the job done.
An efficient process intended for essential purchases
While it’s an easy and operationally effective way to manage business expenses, it’s not always easy to decide what sort of expenditure could or should be considered essential to your work. It’s not enough to be able to justify an expense in your own mind – it must be objectively clear that any charges made to a corporate credit account are necessary to achieve or progress a work outcome. (more…)