How does it
work?
On your request a lodged card account will be opened in your company’s name
Your travel agent will be provided a card linked to your account to which he can charge all your tickets
You will request tickets from your travel agent in the usual way
Your travel agent will prepare a charge form with the card and forward the transaction details to the respective airline
The airline will invoice Diners Club, whereby Diners Club will pay the airline.
At month end your company will be send a itemised statement billed in the local currency of all the tickets you have bought with the lodged card.
You then have upto 60 days interest free credit period for settling the bill.
Key advantages
to your company.
1. Total Management
Control.
Provides you
increased control over travel expenses of each employee
2. Better Cash Flow.
With our simple
monthly settlement procedure, you can improve your cash flow by releasing funds that would
otherwise be tied up in advances and floats.You also receive interest free credit upto 60
days
3. Best Corporate
Rates.
Consolidated reports
will give you a clear picture as to how much you spend on airline tickets a year with your
agent, helping you negotiate the best Corporate rates with your travel agent
4. Simplified
Administration:
Simple monthly
statements will eliminate time consuming
procedures as checking invoices, and travel account reconciliation’s
5. Flexible to suit
your business :
You can tailor your
lodged account to suit your company needs. You can choose to have single account for the
whole company or opt for more accounts for different departments or for different travel
agents.
6. Detailed
statements
Statements are
presented in formats that speed up reconciliation’s and can be tailored to list by
cost centre, booking dates, ticket number and travel agent invoice number. Depending on
the nature of travel spend you can receive statements in electronic format too.
7. Strategic
Management Reporting with Global Vision
Global Vision is an
unique Diners Club software package , with guaranteed reporting flexibility. Available to
multinationals with significant travel and expenditure (over$ 250,000 p.a), the software
allows information to be tailored and manipulated to specific requirements.
8. Complimentary
Corporate Cards
The Corporate card
is your second key to Complete Expense management services. More details are available
under corporate cards. When you open a lodged card account, your company will receive a
number of complimentary corporate cards* giving you immediate savings on subscription
charges These cards are issued on corporate liability and card accounts are billed
centrally.
*
Cards will remain complimentary dependent on spend. Corporate cards will be issued
subject on status.