Citi Philippines Rolls Out Commercial Cards
Citi Philippines is entering the commercial cards market with twin offerings: a corporate card for business travel and entertainment expenses and a purchasing card for companies’ purchasing and payment needs.
Developed and managed by Global Transaction Services (GTS), Citi’s commercial cards offer companies a way to reduce costs by streamlining the processes associated with corporate expenditures. With a Citi corporate card, companies can choose spending categories, preventing rogue purchases, and selectively permit cash withdrawals. Meanwhile, a Citi purchasing card can be used for buying office supplies to professional services – and everything in between, helping clients streamline their purchasing and payment processes for a stronger financial operation.
Sanjiv Vohra, country head and Citi country officer for Philippines, said: “In this challenging environment, companies are looking for best-in-class financial solutions that on the one hand enables greater process improvements and on the other delivers bottom line savings. Our commercial cards programme was designed to do just that – giving our clients a competitive edge in the market through efficient expense management solutions.”