Commercial Card: Solutions: Designed to Improve Your Bottom Line

By implementing a well-managed commercial card program, you can improve cash flow monitoring, gain greater control and visibility over spending, and streamline expense management processes. Our commercial cards offer solutions for procurement, travel, and general operating expense needs while providing your business with both hard and soft dollar savings.

For more information about our Commercial Card Solutions, please contact a Treasury Services Sales Specialist.



Thanks to our innovative and easy-to-use technology, our team of payment experts can design commercial card solutions that provide more sophisticated tracking of your expenditures. We can also implement advanced cardholder controls to ensure alignment with your company goals and policies, while providing convenient tools for your employees. For a complete list of our commercial card benefits, click here.

Convenience

  • Detailed financial reporting for easy expense monitoring and tracking
  • Streamlines financial reconciliation and unleashes the power of your data

Customized Solutions

  • Includes a thorough review of your vendors to identify who accepts credit cards
  • Helps your organization cut costs and streamline processing

Control

  • Improves your working capital management and cash reserve as you increase your Days Payable Outstanding
  • Compliance with procurement and payment policies
  • Flexibility to set individual spending limits, as well as to issue or cancel cards at any time
  • Email alerts detailing important account information
  • Mitigation of fraud, loss and misuse

Coverage

  • VISA® Liability Waiver protects you from unauthorized employee purchases*
  • Travel Accident and Auto Rental Insurance coverage

Insurance products are:

NOT DEPOSITS OF THE BANK OR AN AFFILIATE OF THE BANK NOT INSURED BY THE FDIC OR ANY FEDERAL GOVERNMENT AGENCY NOT GUARANTEED BY THE BANK OR AN AFFILIATE OF THE BANK

Gain Control of Company Credit Cards with Online Card Management

Our secure Web-based module and tools provide you with the controls you need to effectively manage your commercial card program.


Issue & Control

Issue and close cards Apply spending restrictions to individual cardholders Modify card information, including limits, in real time

Purchases & Payments

Online access to when and where card spending is occurring View authorizations and declines in real time Make same-day payments

Review & Reports

Reports card usage by employee and merchant Review transactions and download statements Download transaction information in multiple formats

How does your company benefit from Online Card Management?

You have employees using company credit cards for a variety of reasons – business travel, procurement, and payments. Our online card management programs help you manage and control how your cards are being used and details transaction information in a variety of reports and file formats.

What kinds of reports are available for the customer to view or download?

Frequently used reports include:

  • Online Statements
  • Transaction Detail Report
  • Merchant Activity Report
  • Declined Authorization Report
  • Cardholder Profile Report
  • Card Maintenance Audit Report
  • Accounts Past Due Report
  • User-Defined Custom Activity Reports

T&E Expense Management Solution: Maximize Your Card Program

Drive comprehensive visibility and oversight into spending to help your company streamline and automate the expense reporting and approval process.

Benefits of Online Automated Expense Reporting:

  • Drive savings by simplifying processes and leveraging your card purchase data to reduce expense management costs
  • Maximize control and compliance with greater visibility into T&E spending
  • Improve employee satisfaction and productivity with an easy to use expense report and workflow tool
  • Easily define business rules to automatically assign accounting codes to transactions for complete allocation accuracy
  • Conveniently and effectively manage your program on the go from your mobile or tablet devices

Buyer-Initiated Payments: A More Efficient Process for You and Your Suppliers

Spend less time processing payments by leveraging your Purchasing Card and Payer Direct Hub to help expedite vendor payments. Simply upload your payment instructions and pay your suppliers immediately. Real-time payments and reporting provide necessary controls and help achieve optimal cash flow and working capital benefits.

Suppliers enjoy the convenience of payments being directly deposited to their bank account along with an electronic notification of the deposit.

Benefits:

  • Eliminates paper check and check fraud
  • Provides real-time authorization and electronic remittance
  • Lowers receivable processing cost for your suppliers
  • Increase DPO – faster settlement and simpler reconciliation


*A complete description of these benefits including any limitations and applicable third party fees will be provided at the time the card is issued.