The
Diners Club Corporate Card is a centrally billed, travel and business expense card, issued
to company executives. Designed to save time and money, the Diners Club Corporate Card
allows a company to take control of its travel and entertainment spending as well as take
advantage of many other key benefits targeted to meet the needs of an expanding business.
Benefit at Every Level
| Top Management |
|
Gain from accurate and up to date information, assisting strategic planning and decision making. |
| Financial Controllers |
|
Gain from simple accounting procedures and central billing helping improved forecasting and cash flow. |
| Department Managers |
|
Gain from elimination of time consuming receipt checking’s, and reconciliation procedures |
| Travel Managers |
|
Benefit from knowing where funds are being spent and with whom, so they can negotiate the best competitive rates |
| |
|
Benefit from the convenience of being able to go wherever business takes them, whenever it is needed, knowing they will enjoy security ,peace of mind and all the privileges of being a Diners Club cardmember |
The
way it works?
1. Your
executives pay for their hotel stays, meals and business expenses with the corporate card
2. At
month end your company receives a statement with
itemised expenses billed in the local currency
3. You
pay Diners Club 30 days after statement date
Key
advantages to your company:
| 1.Total Management Control. |
| Allows you to keep control over discretionary travel an entertainment expenses, no matter how far the cardholder may travel |
| 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: |
|
When you know which hotels, airlines, service firms are being frequently used you will be able to negotiate the best corporate rates with key suppliers, by clearly identifying with whom you spend your company's money. |
| 4. Eliminates time consuming accounting procedures: |
| Simple monthly statements in the local currency will eliminate time consuming procedures as receipt checking, currency conversions and travel account reconciliation’s |
| 5. Prevents loss on unused funds : |
| Saves effort trying to recoup unused funds and you save on foreign exchange differences while converting unused funds to local currency |