dear @guevared
this would be very unusual and means that the experierience got from Corporate card didn't work as expected. For the Company own interests, Corporate cards are best without doubt. Maybe the company should review contracts with the Corporate cards, increasing rebates, delay for late payment charges, or cards blocked, and focusing on specific trainings to "difficult" employees/departments.
Corporate CC:
Pros:
- Automatic feeding of transactions into the system;
- Clear visibility of accruals for transactions not submitted;
- Clear visibility of employees late on submitting expenses;
- Limited risk of fraud transactions or fraudelent expenses;
- Expense rebate (cash back) based on employees expenses.
Cons:
- Risk for employees not submitting expenses with long delays (not on time), to have their personal credit rating score effected
Personal Credit card:
Pros:
- No risking credit rating effected for delays of submitting expenses;
- Have cash back on their personal account based on expenses paid on behalf of the company;(no relevant for the company)
Cons:
- Transactions entered manually like for "cash" transactions, more manual work;
- Risk to have transactions entered and expensed multiple times by just editing date, or exchange rates..
- No control for the company for real details of accruals.
Kind Regards
Alessandro Munari
