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Corporate Purchasing Cards
DataCash provides a corporate purchasing card service to allow B2B Suppliers to accept and process corporate purchasing card transactions to level 3 Line Item Detail from any sales channel.
Key Features
- Available through XML API or through manual entry web interface.
- Supports Visa industry standard: VGIS
- Supports Level 3 Line Item Detail for Visa and Amex CPC
- Reporting statements are acceptable by Customs and Excise for VAT reporting
- Real-time MIS Reporting
Key Benefits for the Merchant
- Eliminate the need for purchasers to collect and submit conventional VAT invoices for VAT reclamation
- Automate order reconciliation, VAT reclamation and accounting
- Combine the high volume and low risk of business to business sales with the immediate payment and low overheads of electronic commerce
- Eliminate the need for credit checking, and avoid invoice chasing and cash flow problems
- Win corporate purchasing card business (e.g. from Government and large corporations)
- Win supply contracts and build customer relationships
- Increase customer loyalty and profitability
Key Benefits for the Purchaser
- Simplify (or even automate) resource accounting and transaction reconciliation
- Automate order reconciliation, VAT reclamation and accounting
- Dramatically reduce accounting overheads
- Ensure proper purchase auditing