Majid Al Futtaim Finance, a financial solutions provider and the dedicated financial arm of Majid Al Futtaim, has rolled out its new credit card to help enterprises manage their travel and expense programmes.
Known as Corporate, the new offering is expected to transform the way businesses manage their travel and entertainment (T&E) processes by combining a premium credit card with an online travel booking tool and expense management system.
Using cloud-based technology that can be accessed from desktop, tablet or mobile, the new credit card offers increased efficiency and tangible savings to firms while providing an effortless way of managing T&E for cardholders.
Besides offering an estimated average of 25% savings on costs, the card helps to slash time spent on expense reconciliation, minimise human error margins and out-of-policy transactions leveraging to online automation, an intuitive mobile app and on-the-go receipt capture.
Additional benefits to the cardholder include: access to more than 650 airport lounges globally, complementary travel insurance, VAT recovery, global emergency assistance and discounts at select Majid Al Futtaim partners.
Majid Al Futtaim Finance CEO Rasool Hujair said: “We are excited to bring Corporate to the market, as we are bridging T&E expense management processes with a premium credit card for a drastic improvement in processes, savings and experience.
“Corporate matches the dynamic requirements of modern businesses with a product that will ultimately save time, money and effort in a way that directly impacts the bottom line.
“At Majid Al Futtaim Finance, we work towards providing efficient, smart solutions for businesses and consumers and this program epitomises that by offering a fully digital experience that revolutionises how companies manage and control their corporate travel and expense programs.”