Spending cards are currently available to a limited number of customers in the United States. If you're interested in streamlining purchasing with Spending Card for your organization, contact your Customer Success Manager or select Contact Us at the top right-hand side of the webpage.
What are Spending Cards?
Spending cards are a new addition to the Procurify Platform that allow organizations to issue reloadable physical and virtual prepaid cards to their team members. They enable organizations to retain control over their spending and reconcile faster, making business spending easier for everyone.
Issue Cards to All Employees, Not Just Executives
- Feel confident giving cards to all of your employees and even contractors, as spending cards can only be used after fund requests have been submitted and approved
- Issue an unlimited number of physical and virtual cards for free with no limits or fees
- Lost or stolen card? Lock or replace cards in just seconds
Retain Control and Tame Rogue Spending
- Know who is spending what before a purchase is made, giving you complete control over spending before it's too late
- Increase accountability for company spending with processes, approvals, and budgets
- Set different approval workflows based on the department, spend category, and amount
Eliminate Reimbursements
- Reimbursing employees for company expenses is a thing of the past
- Empower your entire workforce to make purchases when they need to from wherever they are
- Unlock funds in real-time, reducing out-of-pocket expenses
Reconciliation Made Easy
- Stop chasing receipts; cardholders immediately upload them after a purchase using the Procurify Mobile App
- Easily identify key stakeholders that were involved in approving the request
- Each transaction is tied to a cardholder, department and the account code, saving you time on reconciling expenses
Save Money
- Prevent rogue spending with complete visibility over what each employee is spending
- Set budgets for different account codes and departments, and track spending in real-time
- Each transaction made with spending cards earns cash back for your business
Prevent Fraud and Reduce Risk
- No more sharing credit card information over phone, email, or sticky notes
- Each transaction can be disputed with the merchant through the Visa network
- Admins and cardholders can lock cards instantly
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