This week, we began collaborating with Charles Bart-Williams and the Accounting team to identify the best path forward for contractor expenses.
Because of the operational nature of Workplace, our contractors regularly purchase consumables, office supplies, vendor-related items, and materials for employee events. Since contractors are not currently eligible for Truist cards, many of those expenses are concentrated on one corporate card — creating additional reconciliation work and limiting individual accountability.
The team is now evaluating a payment structure that better supports our day-to-day needs while maintaining appropriate financial controls. A scalable solution would give contractors greater ownership of local purchasing and reduce the administrative burden across the portfolio.
Thank you to Charles for partnering with us to work toward a practical solution.