Nedbank procurement card launches expenditure management service

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Expenditure_Analysis.jpgNedbank Corporate Card has launched a value-added expenditure management service.

The information and expense management tool is designed to help companies control expenditure; identify savings; and streamline expense approval processes while ensuring corporate compliance.

Called Visa-Intellilink Spend Management (‘Visa-IntellilInk’) it will enables Nedbank's Visa Corporate cardholders to manage their transactions online, 24 hours a day.

Visa IntelliLink addresses key spend management requirements, for example:

Easy access to information

  • Dashboards for quick snapshots
  • Email alerts for key events such as approvals
  • Intuitive and interactive reports with multiple filters, sort options and drill-down capability

Speed and ease of use

  • Easy to learn and intuitive user interface
  • Key features available with minimal clicks
  • Can be tailored to company policies, e.g. multi-tiered approval workflow

For companies without ERP and Expense Management Solutions, Visa IntelliLink offers the functionality to create and approve expense reports with company-defined cost codes, scan and save receipt images with card transactions and account for out-of-pocket cash expenses.

For more information please email the Nedbank Card Corporate Sales desk on cardsales@nedbank.co.za to arrange a presentation to your company.

SmartProcurement is hosting a technical workshop on the business case for purchasing cards in the P2P environment. Contact Erieka Santos to register for this Cape Town session on 23 August 2012.

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