Expense management • By Catherine Chetwynd


Pay and have Swipe near-field com- munication (NFC) technology at point of sale, with transfer to the corporation, is the next frontier,” says Paul Raymond, head of innovations. “The technology is there, we know we can get the card into the corporate wallet but we need to make the financial process work with the corporation and TMC so that data is consolidated.” Whether organisations choose central or individual card settlement is largely down to cultural preference. Central billing removes the charge levied for individual cards but making individuals responsible for their card bills gener- ally means expenses are submitted


regularly because travellers want to get reimbursed. “This could be the route with a younger workforce that needs an incentive to put in their expenses,” says Paul Spelman, country manager, UK and Ireland for Airplus International; lodge cards will be settled by the corporation. Most of Concur’s clients go for individually settled. “It can be quite painful for finance to chase down claims to reconcile spend and they have no incentive to submit expenses if they are centrally settled,” says Dafydd Llewellyn, managing director of UK


WE KNOW WE CAN GET THE CARD INTO THE CORPORATE WALLET BUT WE NEED TO MAKE THE FINANCIAL PROCESS WORK WITH THE CORPORATION AND TMC


In association with


BBT CORPORATE CARDS SUPPLEMENT 2018 33


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