Who should handle card processing, shared services or an outsource vendor?

October 9, 2019

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Q. I'm wondering if you can guide me about best practices for shared services when we also use an outsourcing company. Specifically with corporate cards (T&E/P-cards), what is the recommendation for the split of activities that should be handled by outsourcing and what activities should be handled by my own company? We have a plan for the segregation of responsibilities, but I'm wondering if there are general best practices on this topic. A. (Answered by the IOFM Advisory Panel) ----- I’ve…

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