Payment & Expense
Bank of America Merrill Lynch announced a new analytics dashboard for commercial card clients.
Part of the web-based Global Reporting and Account Management system available in 70 countries and 21 languages, the new reporting tool provides card activity and other trends, according to the company. "Dashboard Analytics promises executives the ability to quickly pinpoint negative trends or nonadherence to company policy," added Kevin Phalen, head of global card and comprehensive payables in Bank of America Merrill Lynch's Global Transaction Services.