Simplify spending and negotiate preferred rates.
Keep business payments in one place so you can track your spending, simplify reconciliation and negotiate better rates with suppliers.
An American Express Corporate Purchasing Card lets you consolidate regular payments to vendors and suppliers within a single account, set limits on how and with whom your employees can spend, and gain insight into your spending patterns so you can negotiate rates with preferred suppliers.
The Challenge: A national consulting firm needed to update their expense management system to serve their central office and multiple field teams while driving compliance and cost reductions.
The Solution: The firm opted for a dual solution: a virtual American Express Corporate Purchasing Card at the central office and one physical Card each for the field teams. Each set-up allowed Program Administrators to set specific blocks and limits on transactions, which helped remove the need for manual approvals in the purchasing process. Across the company, employees were able to spend less time manually inputting data into spreadsheets and more time innovating for success. Additionally, the program generated rich data fields that the firm could integrate with their ERP to further streamline processes and find more efficient ways to spend.
Sign up for an American Express Corporate Card program to open up a world of perks, tools and opportunities.