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This week’s look at the latest in commercial card innovation explores the latest technology offerings adding new incentives for businesses to make that switch, from cash-back rewards to streamlined employee expensemanagement and faster access to earned revenues. Transportation Drags WEX’s Fleet Card Segment.
The solution, known as the XL plan, offers customers new features, such as sales proposals, consumer financing, expensemanagement and advance reporting. The solution also allows business owners to set spending limits, and view customized in-depth reports on how funds are being spent. About The Playbook.
These products give those workers an easy way to pay for those ad hoc purchases without putting any of their own funds on the line, and they give corporate financial managers the ability to fund those cards as needed and set business rules for how, where and when those funds can be spent.
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