Corporate
Purchasing
Card
A flexible supplier
payment solution
with enhanced control.
The American Express® Corporate Purchasing Card is designed to help your company streamline its purchasing processes with suppliers, control spend, save on costs and improve cash flow.
An overview of the benefits
Convenience
Assign a product to specific employees or departments to help your company purchase what it needs when it needs it and reconcile purchases in @ Work.
Control
Customise purchasing controls per employee, department or industry to reduce the risk of unauthorised spend, encourage compliance and control cash flow.
Value
Make the most of your working capital by extending your cash flow by up to 44 days1 beyond the purchase date.
Insights
Get added visibility over spending patterns and identify cost reduction opportunities with access to detailed transactional data via @ Work.
The benefits in detail
Explore the tabs below for more information on the benefits offered by a Corporate Purchasing Card.
Streamline purchasing
- Simplify your supplier payment process by consolidating all purchases into one easy payment.
- Assign a product to specific employees or departments to help your company purchase what it needs when it needs it.
- Automate reconciliation via @ Work – a complimentary online Account management tool for Programme Administrators.
Maximise control
- Set maximum spend limits per transaction or per month, or set variable spend limits to ensure unforeseen charges don’t prevent your employees from completing a transaction.
- Set a preferred supplier list to ensure compliance.
- Enhance supplier relationships through faster payment times and increase your ability to negotiate purchasing procedures and discounts.
Improve cash flow
- Take advantage of our billing cycles to extend days payable outstanding (DPO) by up to 44 days1 and make the most of your working capital.
- Consolidate your supplier payments and enjoy reduced purchasing costs.
- Identify opportunities for cost reduction by analysing purchase data via @ Work.
Increase visibility
- Access a detailed, holistic view of all transactions via @ Work.
- Use patterns in purchasing data to develop efficiencies and improve strategic commodity management.
- Simplify reporting with access to highly accurate point-of-sale data.
Your choice of Card
With a Corporate Purchasing Card, you’ll have a choice between:
A physical Card
issued per employee.
A virtual Account number
issued to a department, individual or locked down to a preferred supplier.
Want to know more and apply?
Simply call 0800 769 521 or request a call back from a specialist member of our team.
- Extend days payable outstanding (DPO) by up to 44 days: Depending upon when you make a purchase, when your statement is issued and whether or not you are carrying forward a balance on your Account from your previous statement period.
- Extend days payable outstanding (DPO) by up to 44 days: Depending upon when you make a purchase, when your statement is issued and whether or not you are carrying forward a balance on your Account from your previous statement period.