SEATTLE—Amazon Business has teamed up with Visa to provide enhanced transaction data on customer purchases made with Bank of America Merrill Lynch, Citi, and PNC U.S. issued Visa commercial cards. With enhanced transaction data, Amazon Business customers will receive additional details on their purchases and can easily reconcile their business purchases, resulting in increased speed, visibility and accuracy of expense recording. Along with other Amazon Business benefits, such as free two-day shipping, multi-user business accounts, enhanced transaction data provides corporate card administrators with greater visibility and control over their organization’s spending.
“The ability to easily view and control spend is a top priority for business customers. By working with Visa, we are now able to offer business customers the enhanced reporting they need for greater efficiency,” said Prentis Wilson, Vice President of Amazon Business. “We are excited about this new level of data we are providing to users of Bank of America Merrill Lynch, Citi, and PNC Visa commercial cards.”
With the addition of enhanced transaction data, Amazon Business customers can now receive detailed data on purchases made with their Visa commercial card that can integrate seamlessly with popular expense reconciliation tools. Examples of the additional data available include item description, quantity, invoice number, PO number, tax rate and tax amount.
“This added functionality will help us eliminate the manual, time-consuming process of reconciling and recording our business purchases,” said Terry Lastinger, Assistant Director of Purchasing, Tulsa Community College. “Resources that were historically dedicated to the reconciliation process will now be reallocated thanks to Amazon Business, allowing us to focus on other areas of our procurement operations.”
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