Corporate cards vs traditional business credit cards... what's the best pick?
I have been using my personal card for my startup and my accountant is losing her mind. Rightfully so. I need to get a dedicated card for the business.
Now I am trying to figure out the difference between a standard bank business card and one of those newer corporate card options. On the surface they seem similar bur the features sound pretty different.
I have heard Ramp is good for automating the expense side of things. Receipt matching, automatic categorization, spending controls. Does a corporate card actually save you time on bookkeeping compared to a regular credit card? Or is it one of those things that sounds great in theory but ends up being more hassle than it is worth? I have also looked at Brex which was everywhere a couple years ago. Still seems solid but I know they changed their approval process.
What I really want to know is whether the automation features actually deliver. My time is limited and my accountant is tired of chasing me down for receipts every month. If a corporate card can cut down on that back and forth then I am all in.
Anyone made the switch from a traditional business card to a corporate card? Would love to hear if it actually saved you time or just added another thing to manage. Thanks.