What are the benefits of a business card?

1. It is conducive to improving the efficiency of use of budget funds and reducing administrative costs. Because budget units are different from enterprises, enterprises must rely on their own operations to obtain operating funds and profits, while budget units cannot obtain the required funds through their own administrative business activities and can only rely on funds allocated by the state finance to complete administrative business activities.

The source of fiscal funds is various taxes paid by taxpayers from the general public. The public has the right to supervise how the government uses fiscal funds and ensure that the government concentrates financial resources to solve people's livelihood problems. Through rational allocation of resources, we will reduce the number of people supported by finance, vigorously reduce expenditures such as public entertainment, official vehicles, and travel expenses for public servants, reduce administrative costs, use limited fiscal funds for people's livelihood issues, and improve the efficiency of the use of budget funds.

2. It is conducive to deepening the reform of centralized payment of fiscal treasury and standardizing the management of fiscal funds. After the implementation of the fiscal treasury centralized payment reform, the payment behavior of most budget units has been included in the effective monitoring of the financial department. But the heavy use of cash in small expenditures by budget units remains unresolved.

Promote budget units to replace cash settlement with official card settlement and realize electronic payment information. This not only facilitates official small-amount payments, but also enables the financial department to integrate official expenditure information into the scope of financial dynamic monitoring. , ensuring that every financial expenditure is open and transparent, which is conducive to improving the level of financial management.

3. It is conducive to promoting the use of non-cash payment instruments and reducing cash circulation. The use of large amounts of cash not only affects the efficiency of capital flow, but also consumes huge financial, material and human resources for the printing, transportation, storage, sorting, destruction and counterfeiting of cash. The use of large amounts of cash objectively facilitates tax evasion, corruption, bribery and financial crimes, and is not conducive to improving economic and social order and establishing a good market operating environment.

Therefore, reducing cash circulation and promoting the use of non-cash payment tools are important tasks for improving the foundation of my country's socialist market economy.

The promotion of official cards means taking the lead in fully using non-cash payment tools for small official expenditures, reducing the use of cash, and at the same time using the bank card payment system to assist the financial department in achieving full monitoring of small official official expenditures and strengthening Management of financial expenditures. Therefore, it is of great significance to do a good job in promoting the application of official cards.

Relevant knowledge supplement:

1. It has the same attributes of credit consumption

That is, the business card can be used by the cardholder like other credit cards. It is convenient and quick to handle payment and settlement and form relevant consumption information. In this sense, business cards belong to the category of bank cards and are a modern payment and settlement tool.

2. It has financial management attributes

That is, the official card is not a bank card in the general sense, but combines the relevant regulations of financial management with the settlement method of bank cards. A new type of financial management tools and means formed. Business cards have special management system regulations that are different from ordinary bank cards in terms of card type selection, limit setting, organization application, settlement and reimbursement, and payment and settlement information management. Therefore, business cards also belong to the category of financial management. These two attributes of business cards are inseparable, and business cards cannot be understood simply as a settlement tool that replaces cash payment.

As a new settlement method for official business, official card operations can be summarized as "bank credit limit, individual card payment, unit reimbursement and repayment, and financial implementation monitoring." In the future, when the staff of the unit go out for official consumption, they can no longer borrow cash in advance, but pay by swiping the business card first, and obtain the invoice and card payment receipt (i.e., the bank receipt). For example, when the staff of a certain unit go out for official consumption, Instead of borrowing cash in advance, you can pay with a business card by swiping the card first, and obtain the invoice and card payment voucher. After returning from the business trip, apply for reimbursement from the unit's finance. After the unit's finance has verified that there is no error, the reimbursement will be directly transferred to the staff member's business card account. .