This case study from MasterCard
shows how BASF, a global chemical company, found a way to get standardized and globally consolidated data for their Travel and Entertainment (T&E) program management.
BASF previously had problems with consolidating data from their 30-40 T&E programs, and there was frequently an issue of non-acceptance of the company credit card, which meant that employees had to put the expenses on their private credit card. This of course led to increased paperwork.
BASF went looking for a better solution with the following requirements:
- Global T&E program solution
- Global acceptance of the credit card
- Standard transaction data for consistency
- Cost efficiency