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The company I have experience with using personally-backed corporate cards has been around for a century, has hundreds of thousands of employees, and billions o
by myalphabet 7y ago
The company I have experience with using personally-backed corporate cards has been around for a century, has hundreds of thousands of employees, and billions of yearly profits. While I'm sure that your comment is true, 'maturity' is definitely not the only deciding factor in personally-backed vs company-backed cards.
- insomniacity 7y agoYup, I've been in a similar (or the same?) situation. I think it's because when you get to a certain scale, it's the only way to force employees to file their expenses. No approved expenses report, no payment, your own problem.
- powvans 7y agoWhen I started in sales at IBM in 2004 this was the case. I had to put down a personal guarantee in order to be issued a corporate AMEX. I hated it, but it was a take it or forfeit the job deal.