First Horizon Bank's Commercial Card is a payment card for business expenditures. Spending limits and controls can be customized to meet your company's needs. The Commercial Card streamlines the purchasing process, particularly for small-dollar purchases and helps reduce the costs of procurement.
Product Benefits
- Uses a tiered rebate based on annual spending
- Reduces the costly purchase order process
- Streamlines procurement and accounting processes
- Eliminates purchase orders, invoices and checks
- Has worldwide acceptance
- Improves management reporting
- Gives superior spending control
- Utilizes a comprehensive implementation plan
- Uses financial systems integration
- Analyzes spending data by expense type or merchant category codes
- Employs state-of-the-art, web-based applications
- Delivers convenience to traveling employees with mobile access for managing their card transactions and receipts
Product Features
- Card Administration
- Order and cancel cards
- Change limits
- View pending transactions
- Override restrictions
- Run and schedule reports
- Transaction Management
- Code transactions
- Upload receipts
- Manage workflow processes
- Benefit from Enterprise Resource Planning interface
