The World of Concrete (#worldconcrete #woc) construction event for concrete and masonry contractors is a great opportunity to network and meet with suppliers and vendors that offer products and services to help you differentiate your concrete business. But taking care of your employees’ needs is a big part of your business that can’t be overlooked. Especially when it comes to efficiently and effectively managing your employees’ expenses.
As a flatwork concrete and precast concrete contractor, your technicians can easily rack up expenses from travel and costly equipment. Often the related expenses are incurred in the field — on the way to a job or midstream when something breaks.
Choosing how your employee covers these expenses can have a big impact on your concrete company’s financial management.
Solutions generally fall into 3 categories:
· Company credit cards — a small business credit account guaranteed by the owner
· Cash advances — wiring money to a personal account or providing actual cash to an employee
· Out of pocket by employees — the employee pays on their personal card and submits an expense report for reimbursement.
PEX Card offers a better way for concrete and masonry contractors to control, track and administer how employees pay for travel and equipment or supplies.
Introducing: Corporate Prepaid Cards
PEX Card is an innovative corporate prepaid card service providing a payment solution for managing employee spending. The service links Visa® prepaid cards to an administration tool that can be accessed via website or apps installed on iPhone, iPad or Android phones / tablets such as the Samsung Galaxy II or the Galaxy Tab.
PEX Card is an innovative corporate prepaid card service providing a payment solution for managing employee spending. The service links Visa® prepaid cards to an administration tool that can be accessed via website or apps installed on iPhone, iPad or Android phones / tablets such as the Samsung Galaxy II or the Galaxy Tab.
Watch our short video to learn how the PEX Card works.
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