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Complete control over all your business expenses in one day
A debit card system that makes it child's play to make business expenses. No more hassle with receipts, petty cash, advances and expense claims. Sounds appealing, but within a medium or large organisation, implementing such a debit card system is bound to take months or even years?
Everything in your own hands
Nothing could be further from the truth, as not only making business expenses, but also implementing this system is child's play. Whereas before you had to contact a bank employee daily to request cards or adjust spending space, with SimpledCard you can arrange everything yourself in the online management system. After no less than three steps, you can get started.
1. Replenish main balance
If you are going to use SimpledCard for your organisation, the first step is to top up your principal balance. You do this by transferring money from your business account to a third-party account. You immediately see the principal balance in your own online management system. In this system, you can easily manage your balance, divide it among your various business departments and check it.
2. Financial records by department
You create an account for your departments. You determine the spending limit per department. This amount can be adjusted in real time and online. The department manager in turn can divide the amount to be spent over the payment cards available to the department. You decide how many debit cards you deploy per department.
3. Paying with a SimpledCard debit card
Payment cards are issued by the manager to his employees. This card allows employees to make business expenditures anywhere in the world. The department manager can manage the spending limit on the card in real time and online. This way, the employee can never spend more than necessary. In addition, transactions are immediately visible in the system.
Business payment card implementation: more than a basics
These three steps will help you avoid all the problems surrounding business expenses in one day. The way organisations make business expenses can differ. In order to serve you in the best possible way, SimpledCard therefore allows you to enable other functionalities in addition to the basic package. For example, you can choose to turn on the functionality ‘Accounting’ and create a direct link to your own accounting.
