Budget management made easy: Setting spending limits and controls through Peko's Corporate Card

Peko's corporate card supports budget management by embedding spending limits and near real-time operational controls directly into company spending, helping reduce overspend risks for teams. Businesses gain greater visibility and policy alignment without manual tracking, supporting more consistent financial discipline. 

Why Peko’s Corporate Card excels in spending controls 

Peko's card sets customizable limits per user, department, or project,with limits configurable based on internal budgets and policies. . Unlike traditional cards, Peko applies configured controls that can identify or restrict transactions when thresholds are reached. 

Integrated analytics can review past spend patterns, helping inform limit-setting based on historical datawhile allowing admin overrides for exceptions. 

Step-by-step setup with Peko 

Controls can be configured through the platform, subject to eligibility and system setup: 

• Onboard teams: Assign virtual cards via Peko's dashboard, defining limits by category
• Configure alerts: Configure alerts based on usage thresholds
• Monitor in near real-time: Use Peko's dashboards showing spend vs. limits, which may include analytical insights where available. 

 Rollout timelines may vary depending on organisation size, configuration, and internal processes.

Peko's advanced features 

Peko’s corporate card comes with advanced features including: 

• Configurable card issuance – Create physical or virtual cards for employees subject to eligibility and issuer requirements
• Near real-time operational expense tracking – Monitor transactions through dashboards
• Custom spending controls – Set limits by card, category, or merchant
• Automated VAT compliance: VAT-related reporting features, where applicable
• Multi-currency support: Supporting international payments
• Centralized financial visibility – One dashboard for all corporate spending
• Integration Capabilities – Peko's API integrates with accounting tools like QuickBooks, subject to supported configurations and data availability. 

 Overcoming common challenges 

Address "card creep" with Peko's usage analytics, which can help surface unusual spending patterns. Build flexibility with buffer zones where permitted by internal policy for emergencies without derailing budgets. 

Clear limits and visibility can support greater accountability and responsible spending behaviour across teams.