Today Bank of America Merrill Lynch released a new tool for treasury teams and commercial-card program managers. Online Account Request is designed to streamline the process of requesting a commercial card, and it reduces the processing time for card applications by up to 50 percent, according to the bank. Commercial-card program managers can directly enter their information into the tool, which saves time over manual processing of applications and reduces the risk of human error. They can also use electronic approval workflows to create robust process controls.
Online Account Request is part of the bank's Works card-management platform.
Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.
Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
- Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
