Business Credit Card Usage Policy Template

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Business credit card usage policy template. 14 the corporate credit card has an agreed single transaction and monthly credit limit. Corporate credit card policies are internal agreements between an employer and its employees and it outlines the acceptable and unacceptable use of corporate credit cards. One of the best ways to cut down unnecessary employee expenses is by creating employee credit card usage policies. 15 when a user applies for a corporate credit card they agree to adhere to these procedures and to use the corporate credit card only for university business failure to do so will result in disciplinary action.
To allow church personnel access to efficient and alternative means of payment for approved expenses especially expenses related to business travel and office supplies. 16 the following cards are available. More information we are committed to helping your business reach its potential. With a solid policy and guidelines in place you can more confidently issue business credit cards to your employees and reap the benefits of using this flexible payment tool.
A corporate credit card policy explains the usage eligibility and requirements of a company credit card. Will issue a corporate credit card to eligible employees for job related. Purpose the purpose of this policy is to communicate eligibility usage and payment of expenditure requirements for the corporate credit card. This sample corporate credit card use agreement template is written for use in a situation in which a company provides a corporate card for employee use.
Below is a sample of this section of the procedures which can be tailored to your situation. To reduce misuse of the companys credit card this entails laying out rules and regulations concerning how the business credit card should be used. The agreement is styled to be favorable to the employer and holds the employee personally responsible for charges associated with misuse of the card. The company credit card section of an accounting policy is a section where you define who has company credit cards and responsibility for the charges incurred.
The corporate credit card policy is a document that explains what a corporate credit card can be used for who is eligible to receive a corporate credit card and the ongoing requirements that must be upheld when using a corporate credit card. To improve managerial reporting related to credit card purchases. As such when using the credit card the user should ensure that. Businesses may want to provide their employees with access to a company credit card to pay for approved business related expenses.