Visa Information Management

Visa Information Management services and tools help medium-to-large enterprises and government entities more effectively manage business purchases and travel expenses.

Services to Optimize Efficiency
Visa’s powerful suite of commercial payment solutions — including Visa Business, Visa Corporate, Visa Purchasing and Visa Fleet — includes sophisticated information services that can streamline expense management and procurement spending. Features of our Visa Information Management (VIM) solutions suite include:

  • Consolidated Data: Visa can provide a single, consolidated source of data on employee expenditures using Visa's suite of payment solutions.
  • Custom Formats: Visa can support Web-based interfaces, including key features such as consolidated multi-currency transaction reports, and can customize electronic data in XML or other formats.
  • Line-Item Detail: Visa can deliver line-item detail on many expenditures — such as individual legs of a multi-city airline ticket or a breakdown of hotel meeting room catering, room charges and taxes — because of its proprietary agreements with a number of airlines, hotels and rental car agencies.
  • Detailed Reconciliation: Visa shows detailed transaction data reconciled with overall program-wide expenditures.
  • Multinational Reporting: The Visa Multinational Program consolidates and enhances data across all enterprise locations in multiple countries.

Benefits
Visa consolidates, enhances and automates a company's accounts payable, providing chief financial officers (CFOs), procurement managers and travel managers with control.

  • Streamlined Processes: The Visa suite of solutions can be used for ad hoc purchases, maintenance-repair-operational expenditures, inventory procurement and capital expenditures. This gives CFOs a single, streamlined suite of payment and information management solutions for controlling spending.
  • Financial System Integration: Visa commercial products provide consolidated reporting that can be integrated into back-office systems and fed directly into the general ledger.
  • Faster, More Accurate Reporting: Visa reporting covers all types of expenditures, broken down by transaction type, location, vendor or any other necessary detail. This provides essential management information in a faster, simpler, more accurate way than ever before.
  • Improved Vendor Management: Visa's Web-based reporting helps enterprises manage supplier spend by enforcing corporate supplier rules and standards.
  • Effective Administration: Visa provides a more efficient program for administration, as Visa commercial products can monitor individual employee expenditures and track overdue payments by employees or departments. They also offer a simple process for establishing or revoking payment authority or quickly adjusting spending limits.


October 2007