7 Corporate Credit Card Policy Rules to Implement
This SAP Concur blog lists 7 key components for a corporate credit card policy: eligibility requirements, acceptable uses, credit limits, documentation requirements, cardholder responsibilities, consequences for non-compliance, and written agreement.
Impact and considerations
Provides guidance for creating clear corporate credit card policies, helping control costs, increase transparency, and reduce misuse.
Key points
- Determine who needs a corporate card based on role, responsibility, and travel needs.
- Outline acceptable uses like business travel, lodging, parking, and dining.
- Assign credit limits to control spending.
- Require expense reports as documentation.
- Establish consequences for non-compliance and secure written agreement.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 29 Mar 2024, 19:37
- Page published
- 14 Aug 2026, 08:15
- Last updated
- 29 Mar 2024, 19:37
- Original links
- SAP Concur Blog:7 Corporate Credit Card Policy Rules to Implement (opens in a new tab)Primary source · en · Published 29 Mar 2024, 19:37