Australia
Payment Solutions
Visa Purchasing
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How your company can benefit from using the Visa Purchasing card:
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More convenience, less paperworkUsing the Visa Purchasing card reduces the need for requisitions, purchase orders, invoices, and cheques. With the appropriate front-end controls in place, employees are empowered to make purchases without multiple levels of approval and time-consuming paperwork. |
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Cost savings
Visa Commercial Solutions can help you streamline business processes and reduce costs. A company can save an average of US$8 to $27 per transaction in processing costs when moving to purchasing card processing. (Source: Aberdeen Group, 2006)
More control over spending
Organizations using the card can easily monitor and control expenses and set spending limits with suppliers, allowing for greater leverage to negotiate discounts. In addition, you can maintain control of employee spending without having to manually approve each transaction.
Detailed reporting and analysis
By using an electronic reporting solution such as Visa Information Source in conjunction with the Visa Purchasing card you easily view transaction details online. Transaction reports can be selected to meet specific business requirements. Data can be fed into your accounting system, providing the most current and accurate information for analyzing purchasing expenditures.
Worldwide acceptance
The Visa Purchasing card is accepted at millions of locations worldwide andthroughout the Visa global ATM network. Best of all, you can use the card for purchasing everything from office supplies and computers to business services such as catering and employment agencies.
Contact your financial institution about the Visa Purchasing card today.
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