Case Study From the Field #3

Friday, November 6, 2009

As we communicate with our clients, we learn more and more about how they integrate our business prepaid cards into their operational day to day.

Businesses are creating budgets for employees by funding their business prepaid cards daily, weekly or monthly. Once spending has occurred the staff member has to submit a report with the corresponding receipts in order to have the card reloaded. Cardholders have a website they can access for transaction detail, which can be printed and turned in.

Once approved, the employer can log in to the admin site to reload the card right away.

This system of checks and balances provides a simple method the employer can use to ensure that they get the information needed to keep their books straight, while providing the employee with a way of paying for the things they need to do their job. Both employee and employer benefit overall by avoiding having to pay out of pocket and waiting for expense reimbursement.

Labels: Case Studies, PEX Experiences, SMB Tips

Posted by PEX Card

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