Enhanced Expense Management Solution from MasterCard

by Erin McCune on December 8, 2007

in Payables

Users of MasterCard corporate cards will benefit from an upgraded online reporting service providing greater flexibility and the ability to export expense data into other systems including popular ERP platforms (SAP, Oracle) as well as Excel.

Benefits for businesses:

  • Transforms data into business intelligence — provides
    powerful integrated reporting views and insights, leveraging transactional and enhanced
    data from hotel folios, airline, car rental, rail and other supplemental data
    procured from travel agencies.
  • Provides a holistic view to global data — virtually
    anytime, anywhere through a secure web-based interface. Single sign-on capabilities enable easy
    access to the reporting solution through issuers' websites.
  • Simplifies global analysis and reporting — local currency
    transactions can be translated into a single currency; additionally, 14
    languages are supported: US and International English, Spanish, Castellano
    Spanish, French, Canadian French, German, Italian, Japanese, Dutch, Korean,
    Portuguese, Chinese, and Simplified Chinese.
  • Provides spend data detail — transactions and line item
    details can be automatically viewed resulting in deeper spend insights and the
    ability to better analyze data for vendor negotiations and pre-population of
    employee expense reports.
  • Streamlines the accounting process — accommodates multiple
    accounting systems and schemes resulting in powerful accounting capabilities
    that solve simple to complex requirements.
  • Offers customizable expense monitoring — spend alerts,
    specific data analysis and filtering, and tailored reports based on specific
    parameters can be easily customized to monitor spend and help ensure
    compliance.
  • Supports exporting data into other systems — exports to
    software programs such as Microsoft Excel(R) or enables feeds into ERP systems such
    as SAP, Oracle, PeopleSoft and other vendors.

MasterCard press release
American Banker coverage

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