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This policy sets the rules for how employees may use company-issued credit cards. It ensures responsible spending, reduces risk, and simplifies expense tracking across the company. 2.
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.
Once the policy is written, create a separate agreement for employees to sign before they receive a card. This document confirms that the cardholder understands the rules and agrees to follow them.
mavo // Shutterstock. How to write a corporate credit card policy (with template and best practices) As more employees begin using company cards, even minor policy gaps can quickly escalate into ...
Ramp reports that a clear corporate credit card policy is essential for managing employee spending, reducing fraud, and ensuring accountability.