A credit card policy is part of a company’s accounting policies. It clarifies the terms of use of a company card issued in employees’ names. These policies also aim to protect the company from inappropriate use and to make sure the repercussions are clear.
Before you start crafting your corporate credit card policy and procedures, be sure to know what credit cards you want to use, the requirements of your credit card provider and your own company’s needs. Once you have all the necessary information, start outlining the most important factors. Most company credit card policies for employees include these points:
