Significant savings
- Streamline your processes and procurement costs by an average of 77%++.
- Enjoy bulk discount through vendor negotiation.
++ Richard Palmer & Mahendra Gupta, 2014 Purchasing Card Benchmark Survey Results, Market Trends and Best Practice Program Choices (2014, RPMG Research Corporation).
Corporate liability waiver insurance
Protect your company against unauthorised employee card expenditure, up to US$1,650,000 per company+ per annum (or US$25,000 per carduser per annum).
+ The Purchasing Card issued to the Company needs to be in good standing on or after establishing a Card account with the Bank or as otherwise agreed.
Improved cash flow
Enjoy up to 51 days extended payment terms.
Card control and security
Pre-determine the credit limit for each carduser or set the monthly or daily transaction limit for each carduser according to your business needs.
Visibility of spend
Get access to up-to-date information like vendor's spend data and company’s spending patterns.
Greater efficiency
With automated consolidation of payments, save time on manual payment processing and focus more resources on growing your business.