We understand that facilitating efficient corporate spending and management is important to your business. First-Knox National Bank, along with Elan, offers the One Card Program to streamline commerce and reduce operating costs by proactively managing your payment solutions.
This Web-based, user-friendly solution for One Card customers offers scheduled and interactive reports, cost allocation, expense reporting, and account system integration for all your transaction data.
- Intelligent reporting solution to keep travel, entertainment and purchasing expenditures under control.
- Designed to meet the complex needs of virtually any size organization.
- Provides data to make more informed business decisions, streamline operations and improve your bottom line.
Simplify accounting: Built-in file extract capabilities makes it easy for accounting personnel to import Visa commercial transactions into your general ledger and accounts payable systems. Employees benefit from the expense-reporting feature, which lets them quickly create reports by automatically retrieving their card transactions. This helps reduce costly accounting hours spent reconciling purchasing data.
Negotiate better pricing: Review your company’s spending with key suppliers and use the information to effectively negotiate discounts or better rates.
Monitor and ensure compliance: Determine where your employees are spending by merchant type or location, allowing you to identify when non-preferred vendors are used.
Manage, track and analyze spending: Specify dates, departments and other options for customized spending analysis. Online, interactive reports allow you to view information in high-level spending summaries or by individual transaction.
Consolidate spending: Summarize spending from multiple departments, automatically consolidate data and distribute information to your key managers throughout the organization.
Improve accuracy: Eliminate the errors that come with constantly re-entering data manually - and use your time for more strategic activities.
Save time and money: Choose from standard, easily customizable reports designed to help cut costs and streamline accounting processes.
Customize reporting: Use built-in, customizable reports to detail your company transactions into six categories: Spending Analysis, Travel Management, Program Administration, Exception Situations, Tax Reporting and Fleet Services.
Streamline development and implementation: Complete your entire implementation process - from application to receipt of cards - in approximately four weeks. Then get ongoing account maintenance from experienced Account Managers to keep your program running smoothly.
Account setup and maintenance: Manage and control accounts online in real time.