Having An American Express Corporate Card Enables Employers Of Mid-size Companies In India Save 8-10% Of Their Expenses

American Express is one of the leading corporate card companies in the world. They are the experts, who facilitate most corporate firms with a Corporate Card that not just manages cash for them, but also gives them privilege points and savings. In India many mid to large organisations are opting for Amex corporate cards for just one reason. It enables these companies to save a lot on their yearly travel and entertainment expenses, which has a direct impact on their bottom line.

Amex did not share names of the Indian companies that have given Amex corporate cards to the employees but said “The corporate card program gives access to India’s mid size corporations to the kind of buying power that is usually only available to much larger corporations. Mid size corporations by consolidating their spends with a few selected partners like hotels, airlines, car rentals can avail a range of discounts that can work as direct savings on the company bottom line. For e.g. with the American Express Corporate Card a mid- size company can avail corporate rebate of up to 15% on total annual spends across all business properties of Taj Group of Hotels, discounted rate of 12.5% on car rentals with CarzonRent apart from other benefits.”

Travel and entertainment is one of the key areas where mid-sized firms are spending a lot of its capital. Amex has partnered with some Indian hotels and airlines to provide discounts, so that the companies get the more benefits. Consequently if a company is spending a crore of Rupees on these additional expenses in a year, then they can save 8-10 lakhs with Amex Corporate Cards. A good enough reason to pick up an Amex Corporate card for your employees, if you ask us.