More visibility into purchases means easier reconciliation for business accountants
Visa has become the first payments card provider to give commercial customers in the UK the ability to have a comprehensive view of all their purchases on Amazon Business.
Users of Barclaycard, Citi, HSBC and Lloyds Bank commercial accounts will have access to line by line item details on all their purchases made through Amazon Business, with the idea of making reconciliation, the process of ensuring two sets of accounting details are in balance, an easier process.
Visa visibility into Amazon Business
“For most businesses, back-office activities such as corporate account reconciliation can be a tedious chore that eats into valuable productivity.
So we’re delighted to be partnering with Amazon Business and four of the U.K.’s leading financial institutions to streamline this process,” said Kevin Jenkins, regional managing director, of the UK and Ireland region at Visa.