Corporate Card Policy Template

Corporate credit card policy and guidance contents. Accounts payable reserves the right to deny a corporate card application and reserves the right to terminate a corporate card at any time with cause ie violation of policy or. Will issue a corporate credit card to eligible employees for job related expenses.

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Purpose the purpose of this policy is to communicate eligibility usage and payment of expenditure requirements for the corporate credit card.

Corporate card policy template. This sample corporate credit card use agreement template is written for use in a situation in which a company provides a corporate card for employee use. Corporate credit card policy company pay summary the corporate card cannot be used for cash advances personal or non business related purchases or the purchase of alcohol all entities are tax exempt. Credit card policy and procedures the purpose of this policy is to provide employees with information about the credit card program and to provide a guide for the use of their vassar issued credit card in a manner which is consistent and fair to each employee while managing costs and ensuring compliance with federal and state regulations and college policies. Save sign print and download your document when you are done.

Transactions for compliance with corporate card policies and university travel and business expense policies. When to use the corporate credit card 3. Guidance for internet purchases 5. Being a five colleges cardholder is a special privilege.

While you can create your own policy from scratch using a template helps you with legal language and jargon. How to use the corporate credit card 4. The company credit card section of an accounting policy is a section where you define who has company credit cards and responsibility for the charges incurred. The agreement is styled to be favorable to the employer and holds the employee personally responsible for charges associated with misuse of the card.

Processing monthly statements 7. As such when using the credit card the user should ensure that. Below is a sample of this section of the procedures which can be tailored to your situation. Corporate credit card policy template.

If want to create your own corporate credit card policy the next section walks you through the important elements to include. Sample corporate credit card policy more than just a template our step by step interview process makes it easy to create a corporate credit card policy. This policy applies to all employees of sustainable energy utility inc seu who are assigned a corporate credit card. Loss theft of card 11.

Cardholders are responsible for ensuring that they adhere to the corporate credit card policy thereby ensuring adequate controls are exercised to minimize the risk that corporate credit cards are used for. Credit card policies and procedures.