Treasury & Risk magazine last month recognized Bristol-Myers Squibb for new payment programs that include virtual cards for meetings and a switch to Citi for greater acceptance.
The company implemented the multi-faceted program in 32 countries within eight months. Sara Friedlander, BMS director of enabling services for global procurement, spoke on the magazine's May 22 webinar recognizing winners of its awards program, which was co-sponsored by Citi. Among other benefits from establishing new travel, purchasing and virtual cards — and a central travel account — was a streamlined expense submission . . .