Credit card expense reporting integration
Credit card expense reporting integration is one highly convenient aspect of automated expense reporting programs that should not be overlooked. Many business-related expenses are put onto company credit cards, and manually getting credit card statements for expense reports can be time-consuming and incredibly inconvenient for the employees filing the necessary expense reports. Credit card integration allows credit card statements and billing documents to be filed automatically by linking the card to the automated filing system, allowing those filing the reports the convenience of skipping this very tedious step.
How this credit card expense integration works
How this credit card expense reporting integration works is either company or personal credit cards are linked to the automated system, and these are the cards that will be used for business-related expenses. An employee can then assign their specific charges to these statements easily, and without needing to first obtain a billing statement. Any type of credit card can be linked to an automated expense report filing system, allowing those incurring the expenses to use any card they may choose when on business trips or during business-related activities.
Credit card integration is also safe when using a reputable automated expense report filing system, and businesses and their employees need not worry about their delicate information being compromised. These systems are often very secure, and they provide added convenience without worry when it comes to filing safe and accurate reports.
Credit card integration also keeps expense reports accurate, and it is estimated that 1 in 4 expense reports may contain fraudulent receipts. By integrating a corporate credit card into an automated expense report filing system, a company can see the exact purchases and charges on the report from the credit card statement directly, proving that the expenses being listed are, in fact, genuine and business-related. This helps companies and businesses to avoid paying for non-business related or agreed upon expenses and saves the company money from otherwise fraudulent charges.
Is Credit card integration beneficial?
Credit card integration into an automated expense report filing system is beneficial in many ways. It helps employees to be more productive on their business trips, and it helps businesses to avoid paying for fraudulent card charges, creating a more convenient situation for all involved. Credit card expense reporting integration can be done with any type of card, and it helps to make the entire expense report process go by a bit more smoothly, allowing the employees to save time and the company to save money!