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Company card usage regulations for employees
Corporate Credit Card Policy
the essence
The essence of the corporate credit card policy is to outline guidelines for employees’ responsible use of company-provided credit cards. It includes restrictions on personal expenses, spending limits, documentation requirements, and reimbursement procedures. It emphasises the need for accurate record-keeping, timely submission of receipts, and adherence to company policies and procedures while promoting transparency and accountability in all financial transactions.
Guidelines for the use of company-provided credit cards
Best Practices
# One
IBM has a unique corporate credit card policy that provides a range of benefits to its employees, including cash back rewards and travel insurance. The company also provides a mobile app that enables employees to track their spending and manage their credit card accounts easily
# Two
Airbnb provides its employees with corporate credit cards that can be used for business expenses such as travel, meals, and supplies. The company also has a program called “Airbnb for Work” that allows employees to use the platform for business travel and lodging expenses.
DID YOU KNOW
In 2008, Best Western's Hotel chain in the US, the guest credit card details were leaked over three months at the hotel chain's 1,300 hotels, resulting in at least $4 billion stolen
Three steps to success
We Help You Every Step Of The Way
Let’s face it! HR Policies need to be designed keeping the industry sector, business requirement and the needs of the workforce in mind. A one size fits all approach does not work when it comes to writing a number of policies.
On the other hand, labour laws require that companies adhere to various statutory compliances, but are difficult for the lay person to comprehend. Why stress over them. Leave the heavy lifting to us!
01
learning about all your business
Tell us which sector you are in, where you are located, how many employees by gender, if you engage contract labour etc
02
Send you relevant Labour compliances & HR Policies
Our system gets to work and creates a customised set of documents just for you. We deliver in 2 to 4 weeks
03
Keep you updated
on revisions to law
We constantly track changes in labour legislations, new policies in vogue and update you
