CARD POOL NAME
The name of the virtual card account
CSP
Conferma Settlement Plan – The name given to the process of card deployments. CSP deploys virtual card accounts that settle procurement orders in a simple, secure, and controlled process
USE TYPE
Use type refers to the expenditure type available on the deployment. This is determined by the type of card account. Available Use Types include: Hotel, Generic, Air, Rail, and MultiType
CONFERMA CONNECT
This is Conferma’s solution to be able to communicate the virtual card bill back payment instruction to Hotels via a secure email process. More information can be found at
https://www.confermaconnect.com/
CURRENT PERIOD
The Current Period refers to the period of time since the last statement cut date but before the next statement period. This shows a preview of transactions that will be contained within the next statement period. The current period is updated daily as Conferma receive transactional data from the card provider on a daily basis.
CUSTOM DATA
A data field captured during deployment creation. This can be customised to the client's needs and is usually used to capture unique customer data such as cost centres, departments, or account numbers.
DEPLOYMENT
A Deployment ID is generated for each virtual card that is created. All deployments are visible in SNAP regardless of whether the virtual card is charged.
DEPLOYMENT STATUS
DOCUMENT
A document is a file or image of the invoice/folio that has been provided by a supplier.
Documents should be considered to be separate to Invoices. Attaching a document to a transaction will not reconcile the transaction
INVOICE
The Invoice in SNAP refers to the manual breakdown of charges that has been input by a SNAP user within the tool.
INVOICE REMINDER
This is a fax or email that can be sent to a hotel supplier in the event that a transaction is not marked as reconciled.
NARRATIVE
The Narrative is supplied by the merchant when the virtual card is charged. This is usually the supplier name and will match the narrative on your paper statements from your banking partner.
OCR
Optical Character Recognition
PNR LOCATOR
In the airline and travel industries, a passenger name record (PNR) is a record in the database of a computer reservation system (CRS) that contains the itinerary for a passenger, or a group of passengers travelling together.
RECONCILED
A Reconciled transaction either
- A transaction that is linked to a deployment and has a linked invoice breakdown that matches the transaction value exactly.
- A transaction marked as ‘invoice not required.
STATEMENT
When transactions in the current period are cut then the transactions are moved from the current period into a statement. The statement in SNAP should match the statement with your banking provider.
SUPPLIER NAME
The Supplier Name is the name of the supplier that the virtual card has been provided to. This is taken from the deployment details
TRANSACTION
A record of an actual charge to the virtual card that has been received by the bank. The transaction value represents a charge on your virtual card account processed by a supplier.
CONFERMA PAY APP
The Conferma Pay App is a mobile application that allows travelers to access their virtual credit card number (VCN) which has been allocated by Conferma to pay for corporate travel accommodation.
USE TYPE
Use type refers to the expenditure type available on the deployment. This is determined by the type of card account. Available use types include: Hotel, Generic, Air, MultiType
VCN
Virtual Card Number
CONFERMA PAY ONLINE
CONFERMA PAY ONLINE IS CONFERMA'S WEB-BASED VIRTUAL CARD GENERATING APP https://login.confermapay.com/