Getting credit card approvals for staff and programs was a long and complex ordeal.

It took too much time to track and record spending, distracting directors from the organization’s core mission.

Need to quickly get spending power where it can make a difference. 

PEX is not a credit card; the organization can issue cards and set spending limits as they see fit.

Cardholders easily capture expense codes and receipts through the PEX mobile app. PEX instantly allocates spending to cost-centers, grants, etc.

Administrators can fund cards and change spending rules in real time, through a web or mobile app.

Students couldn’t purchase online with checks and many offline vendors would not accept them.

Students had to return leftover funds and they often lost receipts.

It could take students two weeks to get a single purchase approved

PEX Cards work where Visa debit cards are accepted; admins can transfer funds without writing and distributing checks.

Administrators can remove unspent funds from cards and cardholders submit receipts through the PEX mobile app.

Card restrictions help ensure that every purchase falls into an authorized category, minimizing the need for individual approvals.

Petty cash was often in short supply and receipts got lost.

Sometimes volunteers and staff spent more than they were supposed to.

With multiple projects and grants, it was hard to keep track of spending.

Volunteers receive PEX Cards with pre-set spending rules, then submit receipts through a mobile app.

Church administrators can set rules that limit spending, or instantly fund a prepaid card for each purchase on an as-needed basis.

PEX works with the church’s General Ledger codes to allocate purchases as soon they’re made.

Writing and cashing checks slowed down operations at critical times.

Unpredictable nature of business created unanticipated spending needs.

Employees with credit cards might run up significant bills.

PEX combines prepaid card convenience with the ability to instantly distribute spending power through a mobile app.

Ability to fund personnel in the field, at precise moments, supports efforts to quickly help customers recover from an emergency.

Employees get a budget to make purchases. In situations that call for a larger purchase, the company’s owner can fund it instantly.

Runners didn’t always have the means to pay for orders and wait for reimbursement.

Cash advances, checks and traditional bank cards were impractical for a dispersed, high-turnover workforce.

Reporting delays made cash flow hard to manage and track on a consistent basis.

PEX frees runners from the financial burden and enables company to offer a wider range of higher value services.

PEX lets the company issue cards without credit checks, then control funding and activation through the PEX app or API.

The PEX API lets the company match expenses with internal reports, to automate daily cash flow tracking.

Delays in reporting made it difficult to track spending for multiple departments and several concurrent projects.

Hours wasted auditing petty cash and asking for missing receipts.

Manual, incomplete records hobbled finance department’s ability to approve expenses and balance ledgers.

PEX gives stakeholders, producers and accountants real time visibility into how money is being spent.

PEX Mobile app captures receipts and expense codes from shoppers as soon as the purchase is made.

PEX allocates spending to specific budgets and integrates with accounting software, for instant reconciliations.