spendlab
SpendLabs: Corporate Card Management Simplified
Vikas Panwar, CTO & Chief Security Officer Corporate card programs are a powerful initiative for businesses to assist employees with great benefits like travel discounts and control spending. However, managing a corporate card program can be expensive and tricky. The complexity arises out of the manual processes involved in the company and cardholder onboarding, managing card controls and the elaborate and error-prone process of applying for new cards for employees. Against this backdrop, it is imperative to understand the best practices when implementing a corporate card program. "We are trying to eliminate these problems by enabling self-service workflows for card-holders," says Vikas Panwar, CTO and Chief Security Officer, SpendLabs, "I should be able to immediately lock my card if I lose it instead of having to call the bank."