Company Credit Card Procedures

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The general purpose of a statement of policy and procedure is to ensure that company credit cards are used for appropriate purposes and that adequate controls are established for day-to-day use. A company credit card policy applies to all employees who maintain a credit card for company ……

Apr 12, 2019 · A corporate credit card policy explains the usage, eligibility, and requirements of a company credit card. 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.…

Your business has a lot to gain when you issue credit cards to employees. Purchasing becomes quicker and easier, expense tracking improves, and rewards add up. To keep your credit card program running smoothly, it’s important to put guidelines in writing.…

A credit policy and procedure is the company’s guideline or rule book that contains the procedures to follow when a customer is availing credit. It is used to determine when the customers are billed and also identify whether they are qualified to avail of a creditor of an extension.…

1. The Treasurer is responsible for authorizing the use of corporate credit cards and assigning the credit limit, if applicable. Procedures 2. Upon receiving a corporate credit card, the employee should call (from a Five College center telephone) the 800 number on the front of the card to activate it and sign the back of the card. 3.…

Credit Card Policy and Procedures The purpose of this policy is to provide employees with information about the credit card program and to provide a guide for the use of their Vassar issued credit card in a manner which is consistent and fair to each employee, while managing costs and ensuring compliance with Federal and State regulations and College policies.…

1.4 The Corporate Credit Card has an agreed single transaction and monthly credit limit. 1.5 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.…

The agreement is styled to be favorable to the employer and holds the employee personally responsible for charges associated with misuse of the card. Put in a free request to have a Priori Legal employment attorney customize this agreement and other relevant employment documents for your company.…