Axis Bank Central Travel Account Card

It is a centralised payment and billing solution offered to corporate firms to organize their air and other related travel needs with greater ease and convenience. This card comes with some exciting features and benefits. Let's take a detailed look at the Axis Bank Central Travel Account Card.

Features and benefits of the Axis Bank Travel Account Card

This card is equipped with useful features and benefits some of which are listed below:

1. This card involves a centralised payment and billing account to help firms have a consolidated system in place.
2. There is no physical card. Hence, there is no plastic used in the process of procurement.
3. Corporates can use this account to make payments to airline services for booking travel tickets for their employees.
4. The bank offers 24x7 online support for firms so that they can customize MIS (management information system) reports. This makes reconciliation convenient and easy.
5. Since it is easy to merge, firms can easily integrate the Axis Bank Travel Account Card with their existing system of accounting.
6. To manage unrecognized transactions, there is a dispute management system in place. This body also handles other issues like duplicate billing and unutilized ticket cancellations.
7. Firms receive detailed charges related to air travel in concise and clear monthly account statements.
8. This card provides all travel spends integrated on a single account.
9. Firms receive a source of advanced travel data (mostly for air spend) that permits detailed reporting of how, when, and where the employee is travelling leading to spend reconciliation.
10. This card functions on the concept of "authorised signature and writing."
11. It provides effective solutions for frequent as well as ad-hoc travellers.
12. This card allows customised reporting by capturing changeable fields like travel authorization number, booking reference, employee ID, cost centre, and other categories for data reconciliation.
13. By simplifying data reconciliation, this card helps firms in minimising paperwork.
14. This card helps in simplifying payments by enabling firms to use a single monthly payment system.
15. Firms have access to data online. Hence, they have a greater control over the process of procurement.
16. This card helps the firm in enforcement of their travel policies.
17. It helps firms to track expenditure through a single process.
18. It also helps them to negotiate significantly with regular airlines.
19. It makes travel contracts cheaper as it allows greater negotiations based on appropriate and accurate information.
20. Firms also receive a dedicated relationship manager and full-time support infrastructure to make sure that the web-based program is successful.