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Keep your cards, enhance your process
Flexibility and control are critical for corporate finance teams managing large-scale expenses. Spend management platforms traditionally require users to adopt their proprietary corporate cards to access features like real-time transaction alerts and reconciliation.
Enter Bring Your Own Card (BYOC)—allowing companies to leverage their existing banking relationships while maintaining flexibility and choice when selecting their spend management software. With Astrada’s unified API, spend platforms can enable corporates to streamline financial processes and enhance the overall experience for both finance teams and employees.
Here’s why this is a game-changer:
Maintain and Strengthen Existing Banking Relationships
For most companies, the relationship with their bank is about more than cards—it's about capital, credit, and loyalty. These relationships involve large treasury accounts, preferred credit lines, and tailored services that companies highly value. BYOC allows companies to retain their trusted banking relationships, using their preferred card programs with benefits like cash-back rewards, higher credit limits, and competitive interest rates.
With Astrada, users can seamlessly integrate whichever card they use for business purchases into their chosen spend management platform. This eliminates the need for rigid, platform-specific corporate cards and preserves these essential banking relationships.
Flexibility to Choose the Best Software
Spend management platforms traditionally require users to adopt their proprietary corporate cards to access features like real-time reporting and reconciliation. This ties financial processes to a single system, creating significant switching costs if businesses want to explore alternative software solutions.
Astrada’s unified API abstracts the complexity of these integrations and empowers businesses to choose their preferred spend management platform without sacrificing existing banking relationships.
Improved User Experience with Real-Time Transactions and Unified Data
End users value simplicity, and BYOC delivers just that. Companies can use their preferred card programs while employees benefit from features like real-time transaction tracking and automatic expense categorization. Astrada’s API ensures proper consent, seamless enrollment and real-time transaction feeds into expense management systems, cutting out manual receipt handling and expense reports.
Companies get a complete, consistent view of all transactions across card networks like Visa and Mastercard. Real-time, organized data helps businesses monitor spending, avoid surprises, and make smarter financial decisions. Plus, by providing clean, normalized, and enriched transaction data, Astrada reduces reconciliation headaches and helps finance teams close their books quickly and accurately every month.
BYOC isn’t just a trend—it’s a necessary evolution in corporate finance.
