If your employees are frequently on the road and need to stay in hotels, what is the process for booking and checking into these hotels? Do employees book and purchase hotels on their own to be reimbursed later? Do you need to divvy out large amounts of petty cash to cover these kinds of travel expenses? Or do employees have company cards they can use for booking and checking into hotels?
The company card can be the easiest way to keep business and personal expenses separate and have an accurate record of travel costs. And a prepaid credit card can offer the ability to have funds on the card in the exact amount needed for the hotel. Having a system like this in place can make checking into hotels a seamless process.
Toffer Grant is PEX's Founder and CEO. He founded PEX in 2006 as a prepaid card solution for small businesses. His background in the prepaid industry began at Clarity Payment Solutions, where he initiated 65 prepaid card programs in consumer, corporate, and emerging verticals of the prepaid card industry.