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A number of different reports are available, offering varying degrees of detail. The high-level Senior Management reports, for example, give a broad overview of spending within the Card Program, including top ten merchants.
Visa Enhanced Data Services
Visa Corporate Card clients enjoy access to Visa Enhanced Data Services that deliver detailed airline information including City Pair, Class of Service, etc. This is fed directly into most account management reporting systems. Visa Enhanced Data Services offers full itinerary data for travel agency sales that are linked to a Customer Reservation System (CRS) such as Sabre and Galileo. Airline data available via Visa Enhanced Data Services is based on settled data meaning that only information from paid travel will be sent to a client. Using settled data gives clients a more accurate account of travel that has actually occurred and is more precise than, for example reservation data, which only provides clients with the original reservation and cannot account for any subsequent changes to the reservation. Other cards provide reservation data to their clients. Regardless of whether employees use a contracted travel agent or different agents for unexpected travel, using a Visa Corporate Card facilitates data capture and delivery to an organization’s reporting tool. Relevant data includes: Ticket Number, Passenger Name, Departure Date, Carrier Name, Tax amount(s), Fare Basis Code, Class of Service and City Pair.
Enhanced Data also helps companies enforce travel and entertainment policies. Information such as Fare Basis Code lets companies monitor if employee air travel remains within corporate travel policy, while Exception Reporting highlights when travellers step outside the policy.
There are benefits to Visa Enhanced Data Services. With more detailed information on the nature and source of expenses, companies enjoy greater leverage when negotiating with suppliers.
This can result in more cost-effective negotiations.1
Visa Enhanced Data is only available from enrolled suppliers. If necessary, your Visa-Issuing Financial Institution will work with you to help get your key suppliers enrolled in the program.
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