Delegate spending authority while keeping finances under control.
If every purchase or expenditure has to go through your central office, operations can slow to a crawl. A Purchase Card is like a business debit card that allows your team to act independently while staying within certain limits.
Here's how it works: Berkshire Bank issues a P-card to however many employees you wish. Your business then sets controls for the cards - perhaps putting a dollar limit on transactions or restricting purchases to certain vendors or services. The bottom line is a payment system that provides both flexibility and accountability.
- No annual fees for your business's Purchase Cards
- Easy integration with accounting and payment systems
- Complete expense management and automated reporting
- Flexible authorization system and cardholder spending controls
- Widespread acceptance online and in stores
- No interest payments on card expenditures
- Customer service available 24/7 from trained professionals