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Ramp reports that a clear corporate credit card policy is essential for managing employee spending, reducing fraud, and ensuring accountability.
The goal of credit card policies is to standardize spending across the organization while protecting company funds. For finance, HR, and ops teams, this policy acts as a control system.
Step 1: Define who is eligible for a card.Start by setting criteria for who can receive a company credit card. You might issue cards to managers, team leads, or employees who travel or manage ...
A corporate card policy is a set of guidelines that governs employee use of company-issued credit cards. It aims to control employee spending by defining what is and isn't an authorized expense.
The goal of credit card policies is to standardize spending across the organization while protecting company funds. For finance, HR, and ops teams, this policy acts as a control system.
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