Streamline your procurement process with a Visa Purchasing Card solution from M&T Bank.
The M&T Bank Purchasing Card program streamlines your procurement processes, increasing efficiency without compromising purchasing controls. Employees simply present the card as payment to suppliers that accept Visa.
How Purchasing Cards Benefit your Business
Convenience. The purchasing card is a payment mechanism accepted at over 25 million locations worldwide.
Control. Extensive cardholder controls such as flexible cardholder spending limits, and restrictions on transaction types and frequency help maintain purchasing policy compliance.
Savings. Transaction costs associated with Purchasing Card use are significantly smaller when compared to the costs of a paper-based purchase order process. Additionally, there is the opportunity for vendor discount leverage through reporting on expenditures by vendor.
Features of Purchasing Cards
CentreSuite Reporting. M&T’s CentreSuite reporting provides cardholder and organization access to statements, reports and transaction activity files. These transaction files are downloadable and can be uploaded directly to the general ledger.
Supplier Enrollment. M&T’s Supplier Enrollment support enables you to drive acceptance and grow your program.
To find out more, please complete the M&T Commercial Card Contact Form,
call 1-800-724-2240 to speak to one of our experienced Commercial Service Team representatives, or contact your M&T Relationship Manager.