Don’t Abuse the Company Credit Card

Give abusers a heads-up: The company credit card rules should also include what happens to abusers. Depending on the seriousness of the slip-up, this can be anything from a wrist-slap to termination.

Apply electronic safeguards: Many corporate cards have single-purchase limits. For example, they may allow no more than $1,000 in purchases made online. Cards also have filters — merchant codes that prevent charges at certain retail establishments such as salons, drugstores, or clothing stores. When an employee tries to put a pedicure or a prescription on company plastic, the card will automatically be declined.