American Express Integration Solution for
What is American Express CAR?
American Express @ Work Corporate Account Reconciliation (CAR)
Using the American Express @ Work Corporate Account Reconciliation (CAR) tool, clients can efficiently manage the accounting allocation and reconciliation process, automatically integrate all their spend data into their company’s back-end financial systems, and gain visibility for different types of spend, including CPC, Corporate Meeting Card, CDEP, Corporate Card, or BTA.
Multiple levels of access.
CAR enables several levels of access to support an organization’s compliance and oversight needs. For example, access can be set up for Cardmembers to view transactional charge information (including enhanced data supplied by Level 2 and Level 3 merchants), add project IDs for budget tracking and specialized reporting, edit accounting allocations, split transaction allocations by percentage or specific dollar amounts, and add comments to enrich transaction detail.
Cardmember managers, program/system administrators, or cost center/commodity managers based on G/L codes can manage and monitor the approval process, download data by cost center or project, and run reports.
CAR enables four levels of transaction and billing cycle review/approvals to ensure Cardmembers have reviewed charges, and managers/cost center managers have authorized spending.
Increase individual user accountability.
Transactions are posted daily, so Cardmembers, managers or administrators /auditors can view, validate, add comments, review/ approve*, and reallocate charges daily or whenever is convenient, 24/7. Administrators can set up triggered e-mail notifications to all registered users based on permissions.
Reallocate charges faster.
Users can access the Mass Reallocation function to change cost center coding and other accounting information o
EASY TO GET.
EVEN EASIER TO USE.
If your company has software investments in both Viewpoint Vista and American Express CAR, integrating the two applications will drive collaboration across the business and deliver a better customer experience. Call us or submit this form today to get started.
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