The basic reason for switching to a commercial card is to minimize the effort required to track corporate expenditures. Commercial cards track spending through billing and management reports.

There are two types of monthly billing options available to your business: central billing and individual billing. Central billing consolidates all employee charges into a single bill, while individual billing issues monthly statements to each cardholder.

Management reports are issued on a monthly, quarterly or yearly basis. They allow firms to easily analyze spending and catch aberrations or problematic overspending. Depending on the report, the data can be analyzed by such variables as cardholder, city, type of spending or vendor.