‘Commercial Cards: Exploring The Future of Corporate Spending’
In June of 2018, The Ortus Club brought together CEOs and CFOs from prominent firms in Kuala Lumpur to discuss, debate and share experiences on the use of corporate cards within their companies. The lunch was hosted by VISA, a global payments technology company working to enable consumers, businesses, banks and governments to use digital currency.
Providing commercial cards to all employees can simplify the management of corporate spending. As technology evolves and individuals become accustomed to cashless payments, the use of corporate cards continues to grow in popularity, especially within multinationals. Yet, despite its benefits, a lot of companies only issue corporate cards to top management. We will be discussing:
- What percentage of employees are given corporate cards in Malaysian companies?
- What kind of payments are corporate cards most used for?
- What are the advantages and disadvantages of issuing corporate cards across the entire workforce?