One way to make sure that everyone is on the same page when it comes to business travel meals is to use corporate prepaid cards. Each traveling employee can have a card and money is put on that card for a specific meal or a daily meal allowance. Managers can allocate appropriate amounts within budget, and employees then know how much there is to spend. Everyone’s expectations are aligned, and no one, including the finance team, will run into surprises when the expense report or credit card statement arrives.
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.