Moving quickly and growing a business that outpaces competitors requires being able to make the right purchasing decisions at the right time. But enabling employees to spend has tremendous risks. Even when the risks are understood and programs are implemented (T&E) approval processes and reimbursements are a huge resource drag. But Vertical Software platforms are positioned perfectly to distribute these benefits, historically reserved for multi-billion dollar companies.

Maximizing company spend that occurs on card rails:

• Increases transparency

• Reduces fraud

• Makes non-business critical spend easier to identify and block when necessary

• Enables better terms negotiations

• Improves cash flow

Modern Card Issuing, of physical cards, virtual cards and single use accounts embedded into Software Platforms extends benefits even further by:

• Contextual approvals: purchasing with approvals built into the purchase flow, rather than via a re-imbursement process, eliminating the operational overhead.

• Auth controls: limit spend amounts, limit spend dates and times. Limit spend amounts by date and time.

• Merchant Category controls: prevent purchases at from specific businesses or categories of businesses.

• High margin Interchange Revenue which can be earned at no perceived cost to the end user.

• End User Rebates: Software companies (especially in competitive markets) can offer their customers monetary incentives like rebates to encourage card and card related service usage.