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I think most companies have moved to this model of expenses because then they don't incur the annual fees or interest on corporate cards. But yes, it can be frustrating. And I always wonder what people who just * do not have * available cash or credit to cover a mega work-related expense do. I think it's a bit presumptuous of companies to assume everyone just has a spare $3-5k lying around each month that they can liquidate or tie up in work related expenses.
The best though is when they hang up reimbursement for something like a $40 valet charge. Yeah, thanks, meanwhile, I have a mortgage to pay and you're holding onto $3400 and quibbling over a receipt from a Mexican restaurant. |
| I work for a Fortune 500 and most expenses go on my personal credit card and are reimbursed, as is mileage. However we recently started using a travel agent for all flights and hotels. Honestly I've heard lots of complaints with the new system because people don't have as many choices as they used to. Be careful what you wish for.... |
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My current company has corporate cards. First time i've had that - previously i put it on a personal card and got reimbursed. But, my previous companies were good about reimbursing quickly - if I got the expense reports in on time I usually had the money before the credit card was due.
I like not having it be on a personal card but I miss the points... |
NP here. Awesome, we have a career consultant, which means they know everything (because we already told them the answers) and they can put it into a slick deck, present it back to us, and charge us a rich fee for the privilege! Seriously, you can't speak for "everywhere". My company is large, issues credit cards, it's not reported on my credit report. We have 30,000 employees and 10,000 with pcards if you want a comparator for scale. BTW, any company that lets you book your own travel on your personal card and does not ask for boarding passes with the expensive documentation is asking for fraudulent behavior. |