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Add more money to your bottom line by using a Commerce Bank Purchasing Card. It can reduce the number of steps in the procurement process, plus the associated cost to process low-dollar and high-dollar goods and services.
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Questions?
Call: 800-892-7104
Email: corpcard.sales@commercebank.com
- Reduces the average cost of purchase orders by as much as 90% (Source: VisaŽ International) - steps and costs associated with procurement can be eliminated
- Streamlines administrative expenses, eliminates processing cost for low-dollar goods and services (it cost the same to process a $25 check as a $1,000 check)
- Reduces the reliance on requisitions, purchase orders, invoices and checks
- Increase spending control - for added security, you can place limits on daily, monthly and transaction amounts or merchant category restrictions
- Fraud protection - set up specific card limits
- Customized reporting provides control of the purchasing process - electronic reporting options allow you daily access to card transactions to analyze travel and entertainment expenditures more efficiently
- Cost savings through consolidated payment vs. multiple payments
- Can increase cash flow by timing card payments on specific vendor cards
- Supports electronic reporting options that allow you daily access to card transactions to analyze travel and entertainment expenditures more efficiently
- Reduces time spent filling out expense reports
- Allows employees to obtain goods and services much faster and easier
- View list of all related transactions for verification purposes in an easy-to-read online statement
Declining Balance
Commerce Bank's Declining Balance Card is a Purchasing Card with credit limit settings that do not refresh on a specific date, but decreases over time.
- Does not require pre-funding card account, pay as charges occur in a normal billing cycle
- Use it for replacing petty cash, managing budgets and employee bonuses.
Vendor Cards
Vendor accounts are Commercial cards associated with one vendor, regardless of the particular end-user making the purchase.
- Use for event planning or capital items for a project
- Reduces administration of purchase orders and multiple card statements
Visa offers, at no extra charge, the Visa Liability Waiver Program to protect businesses from eligible losses that might be incurred through card misuse by a terminated employee. The program is one of the most valuable core benefits of Visa Commercial Cards.
Interested in learning more?
Call: 800-892-7104
Email: corpcard.sales@commercebank.com
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