PREPAID FOR BUSINESS

CorporatePay's solutions for businesses and other organizations help then transform the way they manage payments with their employees, customers, clients and suppliers.

Our solutions enable our clients to drive operational efficiency and improve control when making payments, and offer superior access to information. Further benefits of a prepaid expenses solution include greater security of funds than cash and cheque alternatives, and greater flexibility than corporate credit and charge cards.

Expenses Management

Expenses paid to employees including cash advances, per diems and travel allowances can be all replaced with prepaid expense cards. Prepaid expense cards provide an alternative to corporate credit and charge cards, and allow our clients to transform their management of expense payments through increasing control over payments, reducing administration costs and providing superior information.

Petty Cash Disbursement

Prepaid disbursement cards allow our clients to simply and effectively distribute petty cash to employees or sites across widely distributed locations and in doing so, replace inefficient manual processes, resulting in improved control and simplified reconciliation and audit processes.

For example, this allows petty cash requirements across a broad network of branches to be centrally managed, giving increased levels of control and visibility over expenditure.

Procurement Cards

Prepaid procurement and supplier payment cards enable our clients to simplify the purchase of goods and services from their suppliers.

Prepaid procurement cards deliver significant improvements to organizational procurement processes by reducing the administrative burden of purchasing administration, improving control over procurement spending and providing detailed, real-time information.

Foreign Currency Expenses

CorporatePay's solutions for businesses are available in multiple currencies including Sterling, US Dollars and Euros to enable organizations to issue the cards in multiple currencies and allow more efficient management of foreign currency expenses, while avoiding the expense of providing foreign currency to staff or using corporate credit or charge cards abroad.

For more information on our solutions for businesses, please contact us.