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Best practice for corporate card reconciliation

July 19, 2023
July 19, 2023

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Q. I am taking over T&E and corporate card responsibilities and I would appreciate some feedback on some best practices for maintaining and keeping the reconciliation up to date. Our corporate program is with Amex. The process looks complicated.  Can the panelists share their ideas and tell me about the current reconciliation processes that they have in place at their organizations?  A. (Answered by the IOFM Advisory Panel) ----- Amex provides a collective balance due for the entire accounts…

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