Glossary

Credit Account

Credit accounts have been a staple of most travel management companies for years. With a credit account, you can purchase all travel services without having to worry about individual credit cards and expense claims because all travel purchases will be automatically charged to your account and paid for by direct debit.

In corporate travel management, a credit account typically,

  • Centralises billing for all travel-related expenses.
  • Simplifies expense tracking and reconciliation for the company.
  • It helps enforce company travel policies and spending limits.

This type of account enhances cash flow management and reduces the administrative burden.