BBVA has launched a new solution, dubbed Global Commercial Cards, to help its corporate clients optimise expenses paid using BBVA commercial cards.
This new solution is tailored to cater to the requirement of companies of all sizes, including global, regional, and local enterprises.
Moreover, it is claimed to enhance the expense management process and minimise the workload for all stakeholders involved in the process by offering access to all the relevant information related to the transactions.
According to BBVA Enterprise Clients head of global commercial cards solution Sergio Ortega, the Global Commercial Cards solution bridges the gap between commercial cards and expense management tools.
It is integrated with various expense management tools, including SAP Concur, Captio by Emburse, Expensify, Certify by Emburse or Visa IntelliLink Spend Management.
It centralises all the expenses and automatically sends them to the expense management tool or enterprise resource planning system (ERP) selected by the respective firm.
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Ortega said: “In the current context, strongly influenced by the coronavirus crisis, the way of managing corporate expenses is evolving and there is an increasing demand for digital processes which enable homogeneous global corporate expenses management.
“The launch of Global Commercial Cards allows BBVA to meet these needs and take a further step in its commitment to offering innovative solutions which put technology at the service of companies.”
Developed globally, Global Commercial Cards solution is currently available in eight countries, namely Spain, Portugal, Turkey, Mexico, Argentina, Colombia, Peru and Uruguay.
In October this year, BBVA rolled out a new line of credit cards dubbed ‘Aqua’, that do not have card numbers (PAN), expiry dates and CVV printed on them.