Case Study: Central Construction reduces fraud and saves 44+ hours a month with Extend virtual cards

Central Construction saves 44 hours a month with Extend

Central Construction, a building restoration company, faced significant challenges with fraud and a lack of oversight due to its reliance on shared physical credit cards. This approach created a major administrative burden, with its finance team spending over 40 hours monthly on manual reconciliation. The company needed a secure solution to control spending and simplify expense tracking.

By implementing Extend's virtual cards, Central Construction gained financial control and security. The solution allowed them to create cards with custom limits for specific projects, vendors, and employees, which drastically reduced fraud and streamlined workflows. As a result, the finance team saved 44 hours per month in reconciliation time and $21,000 annually in labor costs, while also achieving greater accountability across their operations.

Central Construction