When multiple employees are often on the road, the expense reports can add up. And if every receipt needs to be collected and submitted, time can be wasted chasing down missing receipts. If this is taking too much time and causing travel expense reports to be incomplete, there is another way. Perhaps it's time for your company to get company cards.
When each traveling employee has a company card, it makes it easy to track and report expenses and avoid cutting a lot of reimbursement checks. Although it can be difficult for a small business to qualify for credit to give credit cards to employees and it can also be expensive to set up. A prepaid credit card can be a way to have company cards without worrying about a credit limit. PEX Card is a prepaid card option that is easy to set up, affordable to manage, and offers many options for customizing your account. 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.