Why the Old Traditional Corporate Credit Card Is the Enemy of Cash Flow Control

Corporate Credit Cards and Cash Flow Control

Corporate credit cards have been the standard in business for decades, but that doesn’t mean they’re the only option out there. In fact, corporate credit cards are no longer the smartest or most effective way to spend company money.

Corporate cards provide limited financial visibility, create unnecessary additional work and leave companies vulnerable to fraud — all of which is to say, they are the enemy of cash flow control.

Let’s take a look at why cash flow control is so important, the ways corporate credit cards hinder that control and what alternatives are available.