In this 11th episode, AP Now’s Mary Schaeffer interviews Recharged Education’s Lynn Larson about the lack of a mandate to use a company card for business travel at so many organizations.  The program begins with a sharing of some statistics from a survey conducted by AP Now, where Larson served as the lead researcher. The survey, almost three years old showed that almost half of all companies allow employees to use their own cards, even though the company provides a corporate card.  

Larson also shared that in the current survey being conducted by AP Now, that figure has improved and only one-third of the survey respondents currently allow this practice. However, she did caution, that the survey is just starting. The rest of the conversation focused on why companies allow this really weak control practice and the problems that it causes. There are more than you might imagine at first glance. Many executives support the practice of NOT mandating the use of the card without realizing the full impact of such a policy. The episode closes with the pair echoing the recommended best practice of mandating the use of corporate cards.

Host: Mary Schaeffer (www.ap-now.com)

Guest: Lynn Larson (www.recharged-education.com)

Sponsor: Stampli (www.stampli.com/APNow)

Credit: Music: https://www.purple-planet.com