FEATURE
• Surprisingly , there is less appetite for personal card use for air / hotel points for personal leisure and travel – only 10 % of employees cited this as a reason for personal cards
• Currently , only 6 % of employees working at large enterprises ( 500 +) are required to use a company card for expenses
• Among small- to mid-size businesses figures remain low for corporate card requirement :
◆ 10 – 49 : 12 %
◆ 50 – 99 : 9 %
◆ 100 – 249 : 12 %
◆ 250 – 500 : 14 %
• Of the 38 % of employees that report their company provides corporate cards , mediumsized businesses ( 100 – 249 ) are most likely to , compared to just 25 % of 500 + enterprises :
◆ 10 – 49 : 44 %
◆ 50 – 99 : 45 %
◆ 100 – 249 : 45 %
Anderson added : “ Giving employees credit cards also makes sound business sense . By setting restrictions on how and when , and where they can be used , it ’ s much easier to control purchases in advance , instead of having to wait for expense claims to come in after the fact . They also give much easier , accurate and timely insight into corporate spend , and the rebates that come back will also benefit the corporate coffers .” x
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