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If you have one or more business credit cards and are a small business owner, you know how tedious it can be to log expenses, manage balances and keep track of payment due dates. With this quick strategy, you can make these processes easier in a matter of days.

Monday: Rack Up Points

Make a list of all expenses or accounts that accept credit card payments. Make a commitment to pay them with your card to maximize point accrual. It makes more sense to pay your expenses this way rather than from your bank directly. However, you should make timely payments to ensure that interest does not accrue on a large balance. Also, be sure to use a card that offers the best reward platform for points.

Tuesday: Automate Your Card Activity

First, sync your card with FreshBooks or QuickBooks if you use either program. This makes it easier to sort, track and view your expenses. Next, access your online credit card account. Set up an automatic monthly payment for the minimum requirement or a slightly larger amount. This will ensure that you never miss a payment, and set weekly reminders to make additional payments if you plan to use Monday’s strategy as well.

Wednesday: Maximize Your Limits

This can actually help your credit score if you tend to carry higher balances since your debt-to-credit ratio improves. If you have been in business for a few years, you should be eligible for a good increase assuming that all payments have been made on time. If you need to make a big purchase or are spending more per month, always request an increase even if you pay your purchases off quickly.

Thursday: Designate The Spenders

It may be helpful to give trusted employees or managers a credit card if they have to make business purchases while you are away or while they are away. This is actually a great time-saving solution since it eliminates reimbursement forms and payroll paperwork.

Friday: Manage Spending Limits

If you are worried about employees misappropriating funds or spending too much, you can rest easier knowing that there are limitation options. You can choose a daily limit for each authorized cardholder. Look over your expenses to determine a reasonable limit for each person.

Saturday: Mark Your Calendar

In some cases, signing up for new cards with good introductory offers may help you save even more. You can also transfer balances from other cards to the new card with no interest, and there are usually no transfer fees. If you have more than one card, make note of when the promotional period for any cashback rewards or other introductory benefits expire.

For each card, put reminders in your electronic calendars for 90 days before the no-interest period ends, 30 days before it ends and a week before it ends. This will give you time to pay down or transfer a large balance if you spent more than planned and cannot pay it off instantly.

Put the credit card due dates in your calendar as well. If you sign up for new cards, be sure to follow the Tuesday tips about making automatic payments to avoid any interest increases or late penalties.

Sunday: Compare Your Cards

Do you have the best business credit card for your needs? There may be better offers, lower interest rates and perks that benefit you more than your current card’s offerings. Spend a day researching offers. Do some additional independent research about each card’s minimum score requirement as well.

Credit cards are a must for all small businesses because of the simplicity, reliability and perks they offer. Also, you can use credit cards instead of a business line of credit. With business credit cards, your balance will never be turned into a term loan. Additionally, there are no corporate financial reviews every other year. When you follow these tips and pay your bills on time, you can improve and even grow your small business.