U.S. Bank has launched a spend management platform in which users can monitor and control across the bank's full portfolio of business banking cards, the bank announced.
Within the platform, card program managers can monitor spending on cards, set spending controls and limits for cards, activate and deactivate cards for employees and assign cards to specific employees or departments, according to U.S. Bank. Users also can see real-time and custom reporting and export spending to accounting platforms from the platform.
The platform is available to any customer who has a U.S. Bank business credit card.
"It’s an additive capability on our credit cards that provides our cardholders with the convenience of monitoring, controlling and tracking business spending, while continuing to enjoy the great rewards and benefits already associated with their business credit cards," U.S. Bank Payments head for consumer and small business Courtney Kelso said in a statement.