Purchase Control (Virtual Card)

• Virtual accounts and transaction-level authorization controls helps you manage spends accurately
• Unique account number is associated with a specific payment
• Reduces exposure to fraud, misuse of funds, and non-compliant employee spending

• Every transaction is assigned authorization controls by having 29 customizable fields capturing all the information the corporate needs
• Authorization can be blocked if it does not meet the control criteria set by the client

• Creation of virtual cards instantly as per the requirement without the need of a physical card
• Get greater visibility of spends made at a glance as extensive information of the transactions is available online
• Information important to each individual payment can be incorporated into the transaction

• In Control gives clients a tool to accelerate payments to suppliers and expands the benefits of your Purchasing Card program
• Customizable controls to ensure employee compliance, reduce approval process periods and protect your Company against fraud

• Web-based simple application where no integration is required
• Virtual number account creation through a batch file upload
• API integration with the Corporates ERP system, enables real-time generation of virtual accounts
• Set a maximum spending limit per transaction and per month for individual card members
• Set a maximum monthly limit for all Card members

Dedicated relationship manager and support infrastructure to ensure the success of the web-based program