Many companies choose to use corporate cards to make business spend more efficient, spend less time on reimbursements, and avoid leaving their colleagues out of pocket. Surprisingly though, there are still tonnes of businesses who prefer to reimburse employees after they spend on their personal cards. They’re hesitant to put company money in the hands and pockets of their employees and worry about the risks. But there is a better way.
Corporate cards with in-built controls can let businesses empower their employees to spend as they need for work, avoid lengthy reimbursements, connect with expense management software, and offer real-time visibility over spend — without giving up any control.
Company cards with in-built controls are important for businesses for several reasons, including:
Overall, corporate card controls help businesses reduce risk, improve efficiency, and save money by providing greater visibility and control over employee expenses.
Watch the video above to hear just some of the ways that Payhawk can help you manage business spend with smart card controls and approval workflows.
With Payhawk, you can weave your company’s unique spend and expense policies directly into the card and app to supercharge compliance. And because adoption is so high, you can feel confident that your cost-conscious policies are being followed to the letter.
Issuing company cards (with the right governance) can keep your business agile, without giving up control. Ready to talk about how Payhawk can help control spend at your business? Book a demo today.
Whether you have tens, hundreds, or thousands of employees, we’re making your business spend work for you, giving you control over spending at scale with a single solution. Say goodbye to tedious finance tasks, schedule a demo with us today.