What are Employee Perks/Benefits?
Many companies are offering additional benefits to their workforce to keep employee satisfaction high and to keep retention rates up. Fitness perks like gym memberships or half off meal prep kits to free parking and uber rides are all being offered at different companies. Emburse gives the company the abiltiy to issue restricted real and virtual credit cards to employees so that they can take advantage of these perks.
Use Cases
Restrictions
| Benefits | Virtual or Plastic | Budget | Merchant | Time/Date |
|---|---|---|---|---|
| Meals | Plastic | $15 daily | Restaurants | M-F (8 AM – 9 PM) |
| Parking | Plastic | $20 daily | N/A | M-F (8 AM – 9 PM) |
| Ride sharing | Virtual | $300 monthly | Transportation | M-F (6 AM – 11 PM) |
| Mobile Plans | Virtual | $60 monthly | N/A | N/A |
| Gym Membership | Plastic | $50 weekly | N/A | N/A |
| Office Equipment | Plastic/Virtual | $500 yearly | N/A | N/A |
Card Assignments
Assign cards using just a name and an email address. Require receipts after every purchase.
Virtual or Physical Cards
Order physical cards or create virtual cards which can immediately be used for online purchases.
Enforce Expense Policies
Enforce granular spending restrictions on each card for specific vendors, events, or employees.
Virtual Cards
Virtual card numbers are available immediately and can be used for online or
Shared Cards
Securely share a card with multiple people to enforce group budgets.
Require Receipts
Enforce expense policies by requiring receipts after every purchase or after purchases over $75.
Review Transactions in Real-time
Review transactions in real-time and filter purchases by date, category, or card.
Simplify Bookkeeping
Export expenses to QuickBooks or download bank statements in .CSV, .OFX, or .PDF format.