New Delhi, Aug. 12 -- With the advancement of technology, the use of corporate credit cards is rapidly expanding nationwide. This has led to incidents of credit instrument misuse. Key pitfalls in this include mixing of personal and business expenses, improper and inadequate documentation, along with failure to follow established spending policies.

Furthermore, lax oversight can result in mounting unauthorised transactions, a trend that has called for stricter controls and transparent communication within organisations.

Saurabh Puri, Chief Business Officer, Zaggle, says, "A common mistake with corporate credit cards is mixing personal and business expenses or overspending due to unclear company policies in place. Companies issuing corpor...