Zibrant's 'vCard' will facilitate faster transactions and help clients to keep abreast of credit limits and transactions through online reporting.
The card is provided in partnership with CitiBank and enables group and individual accommodation transactions, meetings spend and ancillary services to be settled without the need for traditional credit or debit cards, or BACS payments.
The vCards can be set up in line with individual budget holders’ limits or purchase orders, or can be created to reflect company-wide cost centres and financial reporting structures.
Consolidated management reporting enables Zibrant to further identify best practice solutions and potential cost savings on behalf of its clients.
Stephen Shilling, Zibrant’s finance director, said: "The implementation of vCards is having a very positive effect on our business, they allow for quicker payment to our hotel, venue and service suppliers and are adding a new dimension and clarity to corporate expenditure on events."