Arvest Purchasing Card
Save Time and Money on Business Purchases
The Arvest Purchasing Card aligns your company’s payment program with your business needs by providing flexibility while maintaining control over employee spending. Each month, employees receive individual statements to review, and your company pays one consolidated invoice. To apply, please call (855) 250-8508 or visit an Arvest branch location.
The Arvest Purchasing Card Benefits Your Business:
- Cut costs
- Eliminate paperwork
- Expedite delivery of goods
- Improve cash flow
- Accelerate the reconciliation process
- Manage travel and entertainment
- Track fleet expenses
- Set spending limits by department and employee
- Can restrict card use to specific types of purchases
- Accommodate specialized needs (tracking employee relocation costs, temporary services, project management and department expenses)
Advanced Reporting Capabilities
The Arvest Visa® Purchasing Card is much more than just a payment card. It can be integrated into existing financial systems, has the ability to populate expense reports and can provide enhanced (Level III) data on many purchases. This additional data can provide you with invoice-specific information about the transaction.
Available Reporting Modules
- Account Management – Administrators can assign card limits, restrict spending on daily, monthly or by merchant category codes, perform card account maintenance, and quickly respond to cardholders needs in real time.
- Statement Management – Users know exactly what is being spent to date, as account summaries and activities are displayed in real time.
- Expense Management – Managers and users can view, edit and approve transactions, along with export data and enter out-of-pocket expenses.
- Reports Management – Administrators can integrate spending data into a company’s Enterprise Resource Planning (ERP), general ledger or other back-office application.
- Accepted worldwide at more than 30 million locations
- Add more security and convenience to your business travel
- Emergency card replacement
- Emergency cash disbursement
- Cardholder inquiry service
- Auto rental collision damage waiver
- Visa® liability waiver program
- Visa® travel and emergency assistance services
- Earn reward points with Arvest Flex Rewards™