Business Card
A business card, in the context of finance, is a specialized type of credit card issued to and used by the employees of a company for work-related expenses.
This tool is essential in payments and accounting. It helps businesses manage corporate expenses efficiently, track spending patterns, and maintain control over budgets.
These cards often come with higher credit limits and specific perks tailored to business needs, such as travel rewards and cashback on office supplies. Companies can streamline expense reporting processes by using business cards, simplifying tax preparation, and enhancing their overall financial oversight. Additionally, the detailed transaction records provided by business cards are invaluable for auditing and financial analysis.