Banc of California offers three corporate payment card options that help simplify purchasing, control costs and allow you to focus on growing your business.

Corporate Purchasing Card

The traditional procure-to-pay process, from requisition to purchase order to check payment, is costly. Purchasing Cards simplify your payment process and help you achieve greater control over purchasing and cash reconciliation.

Benefits:

• Reduce costs by eliminating invoices and check printing and mailing
• Electronically deposited funds
• Faster receipt of payments, reduced days sales outstanding (DSO) and improved cash flow
• Increased sales, as many organizations solicit only suppliers that accept
  purchasing cards as payment
• Improved productivity by redirecting staff to more value-added activities

Corporate Travel & Expense Card

Travel & Expenses (T&E) costs are difficult for businesses to control. Our Corporate T&E Card leverages the Mastercard® network and helps make trips easier to plan and less expensive for your company and employees. With comprehensive insurance coverage, seamless integration and valuable insights into spending behavior, it is a better way to manage your travel costs.

Benefits:

• Manual processes reduced
• Processing costs reduced
• Data/analysis errors reduced
• Real-time spending data and reporting
• Improved compliance

 Corporate Virtual Card

Our Virtual Card On-Demand purchasing program provides a safe and efficient way to make highly secured, one-time or recurring payments. You can instantly issue a unique, single-use account number with a specific amount, expiration date and merchant category and make repeatable payments to a single merchant with the ghost card feature.

Benefits:

• Safeguard transaction information with the latest encryption technology
• Easily reconcile purchases with online account management and gain access to real-time updates and customized reporting
• Enter custom reference fields when the Mastercard® account number is generated, to improve company data and reporting
• Less costly than checks and faster processing than ACH
• Easily integrates with your existing accounts payable process

Certain restrictions and setup fees apply. Mastercard and the Mastercard brand mark are registered trademarks of Mastercard International Incorporated, used pursuant to a license. All third-party trademarks referenced herein are the property of their respective owners. Cards are provided by WEX. WEX is a registered trademark of WEX, Inc. WEX is not an affiliate of Banc of California, N.A.

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