Could Implementing Virtual Cards Save on Hotel Costs?

Travel managers may be familiar with the benefits of virtual cards: They provide a payment solution for those who don’t have corporate cards, and they reduce fraud, time filing expenses and time reconciling transactions, and that all adds up to cost savings. Hotel solutions company HRS has claimed clients that implemented virtual cards also reduced hotel costs by an average of 12 percent. Booking and traveler behavior also changed when companies implemented virtual cards, too. More.