Centralized Billing
What is Centralized Billing?
Centralized billing is a payment solution that consolidates multiple transactions from different sources into a single invoice. This system is commonly used in corporate travel and expense management to simplify financial administration and improve efficiency.
For companies managing frequent business travel, centralized billing eliminates the need for employees to pay out-of-pocket and submit individual expense reports. Instead, all travel expenses—such as flights, hotels, and car rentals—are billed directly to the company under one account.
This approach enhances financial visibility, reduces administrative workload, and helps businesses negotiate better rates with travel vendors. It also ensures compliance with corporate travel policies by maintaining a clear record of all expenditures.