The Virtual Card

A card to secure your online purchases.

Our Virtual Card has been developed to secure your professional purchases for remote purchases.

Entirely dematerialised and for single-use, it allows to centralize purchases related to business travel (hostels, car rental) as well as the others expenditures of your staff.

Depending on your needs, our Virtual Card can be used via an internet solution in order to administer the cards manually or via an integrated solution in the e-procurement tool of your company.

« At 3:15 pm, Erwan, communication manager, has to finalise his presentation. He buys photographs on the internet with his virtual card. All his art expenses are centralised, which enables the communication management team to have a global overview on the expenditures. »

Benefits

Reinforced protection against fraud with a single-use card number
Additional references collateralised to every card
Enriched and simplified accounting reconciliation
Payments automation
Integration in e-procurement tools

Functionalities

All the features of the procurement card
Access to an online tool for the card generation upon request
Integrated tool to automise the payments
Personalised settings: start and end dates, maximum expenditure limit
Spend management through the pre-approval service (service to be activated)

Reporting

Detailed monthly operations statements
Detailed reporting indicating 10 complementary references per transaction
Online management and monitoring tool for the company and the cardholder

KEEP CONTROL OF PURCHASES WITH THE EXPENSE PRE-APPROVAL SERVICE

The Virtual Card option also enables you to benefit from the expense pre-approval service. You choose the threshold from which expenses will be subject to approval before Virtual Cards are generated.

Avantages

Spend control and cash flow management: thanks to a pre-approval process, you have greater control over your company’s spending
Ease of management: a simple journey through the tool and request follow-up
Fraud prevention: the approver has visibility over expense requests before payments are made
Possibility to create a Program card to enable those who do not hold a Procurement or Purchasing Card to issue Virtual Cards from their personal access area in the Card Management Tool

For more information or to sign up, please contact your Account Manager.