Global Transaction Services.Global Transaction Services, a unit of Citigroup Citigroup U.S. holding company formed in 1998 from the merger of Citicorp (itself a holding company incorporated in 1967) and Travelers Group, Inc. The $70 billion merger included one of the largest U.S. investment banks, Salomon Smith Barney Inc. , has brought out a new commercial card feature for clients called the Citibank[R] Custom Reporting System. This proprietary, Web-based electronic query tool allows multinational commercial card clients to analyze their corporate spending patterns with the commercial card on a global basis for the first time, and on a level not previously realized. Citibank Commercial Cards offers card programs in 29 countries used by over one million corporate cardholders. Clients can use the information gleaned from this enhanced business intelligence tool to examine spending patterns, better negotiate with vendors, enforce corporate policies and make more informed, efficient business decisions. Corporations can then analyze commercial card data, create dynamic queries with easy-to-use design wizards, customize detailed reports and download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer. report data into spreadsheet spreadsheet Computer software that allows the user to enter columns and rows of numbers in a ledgerlike format. Any cell of the ledger may contain either data or a formula that describes the value that should be inserted therein based on the values in other cells. , database or word processing word processing, use of a computer program or a dedicated hardware and software package to write, edit, format, and print a document. Text is most commonly entered using a keyboard similar to a typewriter's, although handwritten input (see pen-based computer) and formats. Standard reports provide purchasing information on a macro level; however, clients can create custom, detailed reports on a micro level, as well to get more analytics. Using the Custom Reporting System, clients can access the Citibank[R] Global Data Repository See repository. , which consolidates commercial card client transactions from MasterCard, Visa and other providers, as well as enhanced data gathered from hotels, car rental agencies and airlines. Enhanced data (known as Level III data), the most robust available and often the most difficult to gather, contains information related to specific commercial card transactions. Enhanced purchasing card A Purchasing Card is a form of company credit card that allows goods and services to be procured without utilising a traditional purchasing process. Purchasing Cards are usually issued to employees who are required to operate within a set of company rules and guidelines which data includes product codes, quantity, shipping information, courier A monospaced typeface originating from the typewriter that is commonly used for letters. It is still considered by many to be the "appropriate" typeface for business correspondence. details, multiple tax fields and more. For travel cards, Level III data includes reservation numbers, airline itineraries and hotel and car rental details. Citibank is working to include more enhanced data in the reporting system. Web: www.transactionservices.citi group.com |
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