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September 05
 

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The First Step to an Online Booking Environment

Costs Pressure Likely To Speed Up Airlines' E-Ticketing

MasterCard Multinational Corporate Program

Revamp for Eurostar

Harvard Business School: Bad Deal for Travelling Women

Eco Sustainable Business Travel Gains Momentum


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Mastercard's Multinational Corporate Program

 

The MasterCard Multinational Corporate Program (MMCP), consolidates transaction data from around the world and integrates with your existing systems so that spending data is readily available via online reporting tools or through your internal accounting systems.

The MasterCard Multinational Corporate Program offers multinational corporations an efficient, cost-effective method of managing and consolidating commercial card programs into a single solution.

MMCP allows one bank or a lead bank supported by partner banks globally to provide you with a truly global program with standard features (offered by MasterCard), but local customization and support.

The foundation of the MMCP is the MasterCard Global Data Repository which consolidates data from multiple sources and delivers to you consolidated reports via data feeds for integration with your systems (through MasterCard Smart Data OnLine™or other proprietary reporting applications).

Whether the requirement is for global Corporate T&E, Purchasing, or Multi Card program, the MasterCard Multinational Program has the flexibility to cater to all your commercial payment needs.

The MMCP requires that certain minimum features and benefits of commercial cards can be supported on a global basis. This means that key authorization controls or insurance benefits your company enjoys in one market can be made available wherever you have employees located. Each issuer in the multinational program is monitored via an auditing process to ensure that basic standards are met. At the same time, the program is also sufficiently flexible to support local customization and support when your company has specific needs in a certain market. You’ll get the consistency you need while still respecting the local cultures of your regional locations.

Programs Benefits

Consistent Solutions & Services Across the Globe

* One contact & one data source
* Global program support in local currency and language
* Standardized, yet flexible, services, features, and benefits
* Multiple card programs including Purchasing, T&E and Multi Card functionality


Consolidated Data and Global Reports

* Consolidated data on your employees’ spending in a single secure location — MasterCard® Global Data Repository warehouses daily transaction and cardholder files from issuing banks around the world
* Access to global data from the Global Data Repository through over 200 standard custom exports that accommodate most automated expense reporting programs or other technology platforms your company uses. Or we can customize a solution just for you
* Attain real-time reports on-line through Smart Data OnLine; which allows you to organize, consolidate, analyze, and manage global financial data
* Automated entry into expense management systems with Expensys, general ledger and ERP systems using Smartlink , or fully automate the financial and information value chain with MasterCard e-P3


Greater Controls over Spending

* Greater understanding and awareness of expenditures with Smart Data OnLine with breakdowns available by employee, department, company, division, country — all rolled up on a global basis
* Blocking by merchant category, and spending and velocity limits set globally or locally
* Automated monitoring of expenditure abuse with the peace of mind of corporate liability protection


Improved Purchasing Power

* Facilitates a network of global suppliers
* Greatly enhances negotiating power with suppliers

 

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The information contained in this newsletter is reproduced in good faith but is for information purposes only and should not be relied upon. More detailed information should be obtained from your local BTI travel centre.